Russia stocks lower at close of trade; MOEX Russia Index down 1.21%

Russia stocks were lower after the close on Tuesday, as losses in the Oil & Gas, Mining and Power sectors led shares lower.

At the close in Moscow, the MOEX Russia Index lost 1.21%.

The best performers of the session on the MOEX Russia Index were Magnit PJSC (MCX:MGNT), which rose 2.43% or 48.00 points to trade at 2,026.00 at the close. Meanwhile, GMK Noril’skiy Nikel’ PAO (MCX:GMKN) added 2.19% or 2.60 points to end at 119.30 and T Tekhnologii MKPAO (MCX:T) was up 1.24% or 3.36 points to 274.76 in late trade.

The worst performers of the session were Moskovskiy Kreditnyi Bank PAO (MCX:CBOM), which fell 3.99% or 0.45 points to trade at 10.80 at the close. VK Company Ltd (MCX:VKCO) declined 3.49% or 7.95 points to end at 220.15 and TATNEFT n.a. V.D. Shashin (MCX:TATN) was down 3.28% or 19.70 points to 581.00.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 178 to 62 and 13 ended unchanged.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was down 1.54% to 32.05.

Gold Futures for December delivery was down 1.84% or 75.85 to $4,038.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.52% or 0.45 to hit $86.40 a barrel, while the January Brent oil contract fell 0.63% or 0.58 to trade at $91.99 a barrel.

USD/RUB was up 0.95% to 83.28, while EUR/RUB rose 0.29% to 92.86.

The US Dollar Index Futures was up 0.62% at 102.17.