Russia shares lower at close of trade; MOEX Russia Index down 3.16%

Investing.com – Russia equities were lower at the close on Monday, as losses in the Telecoms, Oil&Gas and Mining sectors propelled shares lower.

At the close in Moscow, the MOEX Russia Index fell 3.16% to hit a new 1-month low.

The biggest gainers of the session on the MOEX Russia Index were GDR Globaltrans Inves ORD SHS (MCX:GLTRDR), which unchanged 0.00% or 0.00 points to trade at 519.25 at the close. ADR HeadHunter Group ORD SHS (MCX:HHRUDR) unchanged 0.00% or 0.00 points to end at 3,908.00 and LUKOIL PJSC (MCX:LKOH) was down 0.24% or 16.50 points to 6,734.00 in late trade.

Biggest losers included Gazprom PJSC (MCX:GAZP), which lost 6.23% or 8.29 points to trade at 124.71 in late trade. Rostelekom PJSC (MCX:RTKM) declined 6.11% or 4.04 points to end at 62.05 and TATNEFT n.a. V.D. Shashin (MCX:TATN) shed 5.22% or 29.90 points to 542.50.

Declining stocks outnumbered rising ones by 231 to 20 and 5 ended unchanged on the Moscow Stock Exchange.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 2.81% to 41.03 a new 52-week high.

In commodities trading, Gold Futures for December delivery was up 0.01% or 0.20 to $2,754.80 a troy ounce. Meanwhile, Crude oil for delivery in December fell 5.25% or 3.77 to hit $68.01 a barrel, while the January Brent oil contract unchanged 0.00% or 0.00 to trade at $71.60 a barrel.

USD/RUB was down 0.47% to 97.25, while EUR/RUB fell 0.44% to 105.17.

The US Dollar Index Futures was up 0.05% at 104.18.