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Russia stocks higher at close of trade; MOEX Russia Index up 0.47%

by November 22, 2024
written by November 22, 2024

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

At the close in Moscow, the MOEX Russia Index rose 0.47%.

The best performers of the session on the MOEX Russia Index were Moskovskiy Kreditnyi Bank PAO (MCX:CBOM), which rose 4.00% or 0.27 points to trade at 7.13 at the close. Meanwhile, Polyus PJSC (MCX:PLZL) added 2.36% or 341.00 points to end at 14,762.00 and Severstal PJSC (MCX:CHMF) was up 1.13% or 12.60 points to 1,130.40 in late trade.

The worst performers of the session were TKS Holding MKPAO (MCX:TCSG), which fell 5.19% or 133.80 points to trade at 2,442.60 at the close. NOVATEK PJSC (MCX:NVTK) declined 4.83% or 41.80 points to end at 823.00 and Gazprom PJSC (MCX:GAZP) was down 3.74% or 4.64 points to 119.46.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 149 to 95 and 12 ended unchanged.

Shares in NOVATEK PJSC (MCX:NVTK) fell to 52-week lows; falling 4.83% or 41.80 to 823.00.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was down 2.36% to 47.51 a new 52-week high.

Gold Futures for December delivery was up 1.37% or 36.65 to $2,711.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.64% or 1.15 to hit $71.25 a barrel, while the January Brent oil contract rose 1.23% or 0.91 to trade at $75.14 a barrel.

USD/RUB was up 3.02% to 104.35, while EUR/RUB rose 2.44% to 108.69.

The US Dollar Index Futures was up 0.51% at 107.47.

This post appeared first on investing.com
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