Russia stocks lower at close of trade; MOEX Russia Index down 2.35%

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

At the close in Moscow, the MOEX Russia Index declined 2.35%.

The best performers of the session on the MOEX Russia Index were PhosAgro PJSC (MCX:PHOR ), which rose 2.45% or 155.00 points to trade at 6,488.00 at the close. Meanwhile, Magnit PJSC (MCX:MGNT ) added 1.01% or 48.50 points to end at 4,836.00 and Polyus PJSC (MCX:PLZL ) was up 0.85% or 123.00 points to 14,533.00 in late trade.

The worst performers of the session were Transneft PJSC Pref (MCX:TRNF_p ), which fell 5.57% or 67.00 points to trade at 1,136.00 at the close. NOVATEK PJSC (MCX:NVTK ) declined 4.67% or 45.60 points to end at 931.00 and Rostelekom PJSC (MCX:RTKM ) was down 4.55% or 2.99 points to 62.70.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 211 to 36 and 5 ended unchanged.

The Russian Volatility Index – RVI , which measures the implied volatility of MOEX Russia Index options, was down 2.32% to 36.68.

Gold Futures for February delivery was up 0.71% or 19.09 to $2,691.49 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.19% or 0.87 to hit $74.19 a barrel, while the March Brent oil contract rose 1.34% or 1.02 to trade at $77.18 a barrel.

USD/RUB was down 2.15% to 102.25, while EUR/RUB fell 2.30% to 105.34.

The US Dollar Index Futures was up 0.06% at 108.99.

Source: Investing.com