Russia stocks lower at close of trade; MOEX Russia Index down 1.50%

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

At the close in Moscow, the MOEX Russia Index declined 1.50%.

The best performers of the session on the MOEX Russia Index were Surgutneftegas PJSC (MCX:SNGS ), which rose 0.98% or 0.25 points to trade at 25.14 at the close. Meanwhile, TATNEFT n.a. V.D. Shashin Pref (MCX:TATN_p ) added 0.97% or 6.20 points to end at 648.40 and TATNEFT n.a. V.D. Shashin (MCX:TATN ) was up 0.46% or 3.00 points to 649.60 in late trade.

The worst performers of the session were Magnit PJSC (MCX:MGNT ), which fell 3.67% or 192.50 points to trade at 5,051.50 at the close. VK Company Ltd (MCX:VKCO ) declined 3.36% or 11.80 points to end at 339.00 and Moskovskiy Kreditnyi Bank PAO (MCX:CBOM ) was down 3.30% or 0.21 points to 6.24.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 210 to 37 and 7 ended unchanged.

The Russian Volatility Index – RVI , which measures the implied volatility of MOEX Russia Index options, was down 0.18% to 33.72.

Gold Futures for December delivery was down 0.38% or 10.20 to $2,680.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.69% or 1.18 to hit $71.01 a barrel, while the December Brent oil contract fell 0.04% or 0.03 to trade at $74.63 a barrel.

USD/RUB was down 0.03% to 95.63, while EUR/RUB rose 0.02% to 105.67.

The US Dollar Index Futures was up 0.45% at 101.39.

Source: Investing.com