Russia stocks lower at close of trade; MOEX Russia Index down 1.04%

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

At the close in Moscow, the MOEX Russia Index lost 1.04%.

The best performers of the session on the MOEX Russia Index were PIK SHb PJSC (MCX:PIKK ), which rose 2.53% or 13.00 points to trade at 527.40 at the close. Meanwhile, Moskovskiy Kreditnyi Bank PAO (MCX:CBOM ) added 2.40% or 0.17 points to end at 7.07 and MMC NORILSK NICKEL PJSC (MCX:GMKN ) was up 0.82% or 0.90 points to 113.60 in late trade.

The worst performers of the session were Rostelekom PJSC (MCX:RTKM ), which fell 5.51% or 3.76 points to trade at 64.50 at the close. Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN ) declined 3.66% or 1.42 points to end at 37.41 and Severstal PJSC (MCX:CHMF ) was down 3.44% or 43.80 points to 1,228.60.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 148 to 97 and 11 ended unchanged.

The Russian Volatility Index – RVI , which measures the implied volatility of MOEX Russia Index options, was down 2.43% to 36.10.

Gold Futures for December delivery was down 0.48% or 12.60 to $2,605.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.03% or 0.02 to hit $68.02 a barrel, while the January Brent oil contract fell 0.07% or 0.05 to trade at $71.78 a barrel.

USD/RUB was up 2.36% to 98.25, while EUR/RUB rose 2.04% to 104.38.

The US Dollar Index Futures was up 0.37% at 105.85.

Source: Investing.com