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Russia stocks higher at close of trade; MOEX Russia Index up 1.00%

by November 29, 2024
written by November 29, 2024

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

At the close in Moscow, the MOEX Russia Index rose 1.00%.

The best performers of the session on the MOEX Russia Index were Magnit PJSC (MCX:MGNT), which rose 6.26% or 267.00 points to trade at 4,530.50 at the close. Meanwhile, PIK SHb PJSC (MCX:PIKK) added 6.21% or 24.50 points to end at 419.30 and Sberbank Rossii PJSC (MCX:SBER) was up 3.44% or 7.87 points to 236.43 in late trade.

The worst performers of the session were GDR ROS AGRO PLC ORD SHS (MCX:AGRODR), which fell 7.91% or 95.20 points to trade at 1,107.80 at the close. Aeroflot PJSC (MCX:AFLT) declined 4.97% or 2.73 points to end at 52.15 and Surgutneftegas PJSC Pref (MCX:SNGS_p) was down 2.90% or 1.71 points to 57.17.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 178 to 66 and 11 ended unchanged.

Shares in GDR ROS AGRO PLC ORD SHS (MCX:AGRODR) fell to 52-week lows; down 7.91% or 95.20 to 1,107.80.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 4.17% to 57.93.

Gold Futures for February delivery was up 0.34% or 8.99 to $2,673.79 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.84% or 0.58 to hit $68.14 a barrel, while the February Brent oil contract fell 0.98% or 0.71 to trade at $72.07 a barrel.

USD/RUB was down 1.38% to 106.51, while EUR/RUB fell 1.16% to 112.67.

The US Dollar Index Futures was down 0.24% at 105.79.

This post appeared first on investing.com
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