Russia shares lower at close of trade; MOEX Russia Index down 2.39%

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

At the close in Moscow, the MOEX Russia Index declined 2.39%.

The biggest gainers of the session on the MOEX Russia Index were Moskovskiy Kreditnyi Bank PAO (MCX:CBOM), which rose 2.37% or 0.17 points to trade at 7.14 at the close. PhosAgro PJSC (MCX:PHOR) added 2.28% or 121.00 points to end at 5,438.00 and Surgutneftegas PJSC Pref (MCX:SNGS_p) was up 2.02% or 1.12 points to 56.55 in late trade.

Biggest losers included GDR ROS AGRO PLC ORD SHS (MCX:AGRODR), which lost 2.52% or 30.40 points to trade at 1,174.80 in late trade. TATNEFT n.a. V.D. Shashin Pref (MCX:TATN_p) declined 2.32% or 13.50 points to end at 568.40 and TATNEFT n.a. V.D. Shashin (MCX:TATN) shed 2.28% or 13.30 points to 569.90.

Declining stocks outnumbered rising ones by 193 to 51 and 12 ended unchanged on the Moscow Stock Exchange.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 3.29% to 35.48.

In commodities trading, Gold Futures for December delivery was down 0.57% or 14.70 to $2,571.80 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.35% or 0.24 to hit $68.67 a barrel, while the January Brent oil contract rose 0.29% or 0.21 to trade at $72.49 a barrel.

USD/RUB was up 1.18% to 99.67, while EUR/RUB rose 0.77% to 104.85.

The US Dollar Index Futures was up 0.46% at 106.87.