Russia stocks lower at close of trade; MOEX Russia Index down 3.24%

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

At the close in Moscow, the MOEX Russia Index fell 3.24%.

The best performers of the session on the MOEX Russia Index were Surgutneftegas PJSC Pref (MCX:SNGS_p), which rose 2.67% or 1.52 points to trade at 58.72 at the close. Meanwhile, GDR Globaltrans Inves ORD SHS (MCX:GLTRDR) unchanged 0.00% or 0.00 points to end at 519.25 and Polyus PJSC (MCX:PLZL) was down 1.05% or 153.00 points to 14,418.00 in late trade.

The worst performers of the session were ROSSETI PJSC (MCX:FEES), which unchanged 5.11% or 0.00 points to trade at 0.08 at the close. Mobil’nye Telesistemy PJSC (MCX:MTSS) declined 4.84% or 9.50 points to end at 186.60 and Transneft PJSC Pref (MCX:TRNF_p) was down 4.58% or 56.00 points to 1,167.00.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 244 to 10 and 1 ended unchanged.

Shares in Transneft PJSC Pref (MCX:TRNF_p) fell to 52-week lows; falling 4.58% or 56.00 to 1,167.00.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 3.96% to 43.82 a new 52-week high.

Gold Futures for December delivery was up 0.81% or 21.20 to $2,635.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.36% or 0.25 to hit $69.42 a barrel, while the January Brent oil contract rose 0.22% or 0.16 to trade at $73.46 a barrel.

USD/RUB was up 0.82% to 100.57, while EUR/RUB rose 0.80% to 106.57.

The US Dollar Index Futures was down 0.08% at 106.12.