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Russia stocks higher at close of trade; MOEX Russia Index up 0.40%

by December 19, 2024
written by December 19, 2024

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

At the close in Moscow, the MOEX Russia Index rose 0.40%.

The best performers of the session on the MOEX Russia Index were FGK Rusgidro PAO (MCX:HYDR), which rose 4.08% or 0.02 points to trade at 0.46 at the close. Meanwhile, Rosneft PJSC (MCX:ROSN) added 3.78% or 18.45 points to end at 506.15 and NOVATEK PJSC (MCX:NVTK) was up 3.75% or 29.40 points to 814.20 in late trade.

The worst performers of the session were ADS Ozon Holdings PLC ORD SHS (MCX:OZONDR), which fell 3.71% or 96.00 points to trade at 2,494.00 at the close. Polyus PJSC (MCX:PLZL) declined 3.48% or 481.50 points to end at 13,338.50 and LUKOIL PJSC (MCX:LKOH) was down 1.27% or 81.00 points to 6,294.00.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 157 to 86 and 9 ended unchanged.

Shares in ADS Ozon Holdings PLC ORD SHS (MCX:OZONDR) fell to 52-week lows; losing 3.71% or 96.00 to 2,494.00.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was down 1.70% to 43.82.

Gold Futures for February delivery was down 1.68% or 44.56 to $2,608.74 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.98% or 1.40 to hit $69.18 a barrel, while the February Brent oil contract fell 1.06% or 0.78 to trade at $72.61 a barrel.

USD/RUB was down 1.12% to 103.50, while EUR/RUB fell 1.02% to 107.25.

The US Dollar Index Futures was up 0.37% at 108.15.

This post appeared first on investing.com
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