Russia stocks lower at close of trade; MOEX Russia down 3.90%

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

At the close in Moscow, the MOEX Russia declined 3.90% to hit a new 52-week low.

The best performers of the session on the MOEX Russia were Gazprom PAO (MCX:GAZP ), which rose 0.49% or 0.60 points to trade at 123.57 at the close. Meanwhile, HeadHunter Group PLC (MCX:HHRUDR ) unchanged 0.00% or 0.00 points to end at 3,908.00 and X5 Retail Group NV (MCX:FIVEDR ) was unchanged 0.00% or 0.00 points to 2,798.00 in late trade.

The worst performers of the session were FSK EES (MCX:FEES ), which fell 11.00% or 0.01 points to trade at 0.08 at the close. Moskovskiy Kreditnyi Bank OAO (MCX:CBOM ) declined 10.29% or 0.67 points to end at 5.87 and Globaltrans Investment Gdr (MCX:GLTRDR ) was down 8.15% or 37.40 points to 421.60.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 237 to 16.

Shares in FSK EES (MCX:FEES ) fell to 52-week lows; losing 11.00% or 0.01 to 0.08. Shares in Moskovskiy Kreditnyi Bank OAO (MCX:CBOM ) fell to 52-week lows; falling 10.29% or 0.67 to 5.87. Shares in Globaltrans Investment Gdr (MCX:GLTRDR ) fell to 52-week lows; losing 8.15% or 37.40 to 421.60.

The Russian VIX , which measures the implied volatility of MOEX Russia options, was up 0.91% to 39.00 a new 52-week high.

Gold Futures for December delivery was up 0.16% or 4.10 to $2,531.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.67% or 0.49 to hit $74.04 a barrel, while the November Brent oil contract rose 0.47% or 0.36 to trade at $77.29 a barrel.

USD/RUB was down 0.01% to 89.79, while EUR/RUB fell 0.02% to 99.42.

The US Dollar Index Futures was down 0.05% at 101.57.

Source: Investing.com