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Russia shares lower at close of trade; MOEX Russia Index down 2.13%

Published 01-11-2024, 02:50 am
Updated 01-11-2024, 02:55 am
© Reuters.  Russia shares lower at close of trade; MOEX Russia Index down 2.13%
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Investing.com – Russia equities were lower at the close on Thursday, as losses in the MOEX Telecommunication, MOEX Electric Utilities and MOEX Oil and Gas sectors led shares lower.

At the close in Moscow, the MOEX Russia Index fell 2.13% to hit a new 1-month low.

The biggest gainers of the session on the MOEX Russia Index were FGK Rusgidro PAO (MCX:HYDR), which rose 2.03% or 0.01 points to trade at 0.50 at the close. Magnit PJSC (MCX:MGNT) added 1.77% or 78.00 points to end at 4,486.00 and Aeroflot PJSC (MCX:AFLT) was up 1.52% or 0.81 points to 54.23 in late trade.

Biggest losers included PIK SHb PJSC (MCX:PIKK), which fell 5.61% or 29.30 points to trade at 493.00 in late trade. Rostelekom PJSC (MCX:RTKM) declined 3.42% or 2.10 points to end at 59.26 and ROSSETI PJSC (MCX:FEES) 2.97% or 0.00 points to 0.07.

Falling stocks outnumbered advancing ones by 207 to 42 and 7 ended unchanged on the Moscow Stock Exchange.

Shares in PIK SHb PJSC (MCX:PIKK) fell to 3-year lows; losing 5.61% or 29.30 to 493.00. Shares in Rostelekom PJSC (MCX:RTKM) fell to 52-week lows; falling 3.42% or 2.10 to 59.26. Shares in ROSSETI PJSC (MCX:FEES) unchanged to 5-year lows; unchanged 2.97% or 0.00 to 0.07.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 0.71% to 41.28 a new 52-week high.

Gold Futures for December delivery was down 1.67% or 46.70 to $2,754.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.80% or 1.92 to hit $70.53 a barrel, while the January Brent oil contract rose 0.01% or 0.01 to trade at $74.04 a barrel.

USD/RUB was unchanged 0.00% to 97.37, while EUR/RUB rose 0.01% to 105.98.

The US Dollar Index Futures was down 0.05% at 103.81.

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