Russia stocks lower at close of trade; MOEX Russia Index down 2.60%

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

At the close in Moscow, the MOEX Russia Index lost 2.60% to hit a new 52-week low.

The best performers of the session on the MOEX Russia Index were Unipro PJSC (MCX:UPRO ), which unchanged 0.18% or 0.00 points to trade at 1.64 at the close. Meanwhile, T Tekhnologii MKPAO (MCX:TCSG ) unchanged 0.00% or 0.00 points to end at 2,384.80 and GDR ROS AGRO PLC ORD SHS (MCX:AGRODR ) was unchanged 0.00% or 0.00 points to 1,083.80 in late trade.

The worst performers of the session were Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN ), which fell 4.79% or 1.49 points to trade at 29.60 at the close. ADS Ozon Holdings PLC ORD SHS (MCX:OZONDR ) declined 4.57% or 122.00 points to end at 2,546.00 and Polyus PJSC (MCX:PLZL ) was down 4.52% or 618.50 points to 13,074.00.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 233 to 15 and 5 ended unchanged.

Shares in Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN ) fell to 52-week lows; falling 4.79% or 1.49 to 29.60. Shares in ADS Ozon Holdings PLC ORD SHS (MCX:OZONDR ) fell to 52-week lows; losing 4.57% or 122.00 to 2,546.00. Shares in GDR ROS AGRO PLC ORD SHS (MCX:AGRODR ) unchanged to 52-week lows; unchanged 0.00% or 0.00 to 1,083.80.

The Russian Volatility Index – RVI , which measures the implied volatility of MOEX Russia Index options, was up 2.89% to 45.18.

Gold Futures for February delivery was down 0.25% or 6.81 to $2,668.99 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.56% or 1.11 to hit $70.18 a barrel, while the February Brent oil contract fell 0.91% or 0.68 to trade at $73.81 a barrel.

USD/RUB was down 0.86% to 103.60, while EUR/RUB fell 0.80% to 108.87.

The US Dollar Index Futures was down 0.08% at 106.60.

Source: Investing.com