Russia Stocks Rise at Close of Trade; MOEX Russia Up 1.00%

Russia’s stock market showed positive movement after the close on Friday, with notable gains in various sectors pushing shares upward.

By the end of trading in Moscow, the main index rose by 1.00%.

Leading the session was Ozon Holdings PLC, which saw an increase of 3.70%, adding 120.50 points to finish at 3,380.00. PIK followed closely with a gain of 3.17%, or 20.10 points, to close at 654.20. Additionally, Ros Agro PLC experienced an uptick of 2.82%, adding 33.60 points to reach 1,226.00.

On the downside, Rostelekom PAO performed the worst, slipping 4.73% or 3.81 points to trade at 76.67. Polyus PAO fell 0.96%, losing 130.50 points to finish at 13,397.50, while Magnit declined by 0.52%, down 30.00 points at 5,759.50.

Overall, advancing stocks outnumbered those declining on the Moscow Stock Exchange by 169 to 76, with 10 remaining unchanged.

The index measuring implied volatility of MOEX Russia options decreased by 4.65%, reaching 28.72.

In commodity markets, December gold futures dropped by 0.52%, or 14.00, settling at $2,680.90 per troy ounce. Crude oil for November delivery saw a rise of 1.43%, increasing by 0.97 to $68.64 a barrel, while the December Brent oil contract rose by 1.28%, gaining 0.91 to trade at $72.00 a barrel.

In currency trading, the USD/RUB exchange rate was up by 1.84%, reaching 94.31, while EUR/RUB increased by 1.72% to 105.29.

The US Dollar Index Futures recorded a slight decline of 0.10%, settling at 100.15.