Russia stocks lower at close of trade; MOEX Russia Index down 3.16%

Russia stocks lower at close of trade; MOEX Russia Index down 3.16%

Investing.com – Russia stocks were lower after the close on Monday, as losses in the Telecoms, Oil & Gas and Mining sectors led shares lower.

At the close in Moscow, the MOEX Russia Index fell 3.16% to hit a new 1-month low.

The best performers of the session on the MOEX Russia Index were GDR Globaltrans Inves ORD SHS (MCX:GLTRDR), which unchanged 0.00% or 0.00 points to trade at 519.25 at the close. Meanwhile, ADR HeadHunter Group ORD SHS (MCX:HHRUDR) unchanged 0.00% or 0.00 points to end at 3,908.00 and LUKOIL PJSC (MCX:LKOH) was down 0.24% or 16.50 points to 6,734.00 in late trade.

The worst performers of the session were Gazprom PJSC (MCX:GAZP), which fell 6.23% or 8.29 points to trade at 124.71 at the close. Rostelekom PJSC (MCX:RTKM) declined 6.11% or 4.04 points to end at 62.05 and TATNEFT n.a. V.D. Shashin (MCX:TATN) was down 5.22% or 29.90 points to 542.50.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 231 to 20 and 5 ended unchanged.

Shares in Rostelekom PJSC (MCX:RTKM) fell to 52-week lows; down 6.11% or 4.04 to 62.05. Shares in TATNEFT n.a. V.D. Shashin (MCX:TATN) fell to 52-week lows; falling 5.22% or 29.90 to 542.50.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 2.81% to 41.03 a new 52-week high.

Gold Futures for December delivery was up 0.01% or 0.20 to $2,754.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 5.25% or 3.77 to hit $68.01 a barrel, while the January Brent oil contract unchanged 0.00% or 0.00 to trade at $71.60 a barrel.

USD/RUB was down 0.47% to 97.25, while EUR/RUB fell 0.44% to 105.17.

The US Dollar Index Futures was up 0.05% at 104.18.

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