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Russia stocks higher at close of trade; MOEX Russia Index up 1.65%

by November 8, 2024
written by November 8, 2024

Investing.com – Russia stocks were higher after the close on Friday, as gains in the Telecoms, Power and Oil & Gas sectors led shares higher.

At the close in Moscow, the MOEX Russia Index rose 1.65%.

The best performers of the session on the MOEX Russia Index were ADS Ozon Holdings PLC ORD SHS (MCX:OZONDR), which rose 7.97% or 243.00 points to trade at 3,291.50 at the close. Meanwhile, AFK Sistema PJSC (MCX:AFKS) added 6.67% or 0.91 points to end at 14.50 and VK Company Ltd (MCX:VKCO) was up 5.64% or 17.20 points to 322.00 in late trade.

The worst performers of the session were Polyus PJSC (MCX:PLZL), which fell 0.70% or 104.00 points to trade at 14,746.00 at the close. GDR ROS AGRO PLC ORD SHS (MCX:AGRODR) declined 0.25% or 3.00 points to end at 1,220.00 and GDR Globaltrans Inves ORD SHS (MCX:GLTRDR) was 0.00% or 0.00 points to 519.25.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 187 to 63 and 6 ended unchanged.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 4.93% to 36.00.

Gold Futures for December delivery was down 0.54% or 14.50 to $2,691.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 2.58% or 1.87 to hit $70.49 a barrel, while the January Brent oil contract fell 2.09% or 1.58 to trade at $74.05 a barrel.

USD/RUB was down 0.41% to 97.59, while EUR/RUB fell 1.16% to 104.63.

The US Dollar Index Futures was up 0.43% at 104.82.

This post appeared first on investing.com
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