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Russia stocks higher at close of trade; MOEX Russia Index up 9.19%

by December 20, 2024
written by December 20, 2024

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

At the close in Moscow, the MOEX Russia Index rose 9.19% to hit a new 1-month high.

The best performers of the session on the MOEX Russia Index were VK Company Ltd (MCX:VKCO), which rose 17.87% or 44.40 points to trade at 292.80 at the close. Meanwhile, PIK SHb PJSC (MCX:PIKK) added 17.62% or 65.50 points to end at 437.30 and Mobil’nye Telesistemy PJSC (MCX:MTSS) was up 14.42% or 24.70 points to 195.95 in late trade.

The worst performers of the session were PhosAgro PJSC (MCX:PHOR), which fell 0.56% or 33.00 points to trade at 5,814.00 at the close. T Tekhnologii MKPAO (MCX:TCSG) unchanged 0.00% or 0.00 points to end at 2,384.80 and GDR ROS AGRO PLC ORD SHS (MCX:AGRODR) was 0.00% or 0.00 points to 1,083.80.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 246 to 5 and 2 ended unchanged.

Shares in GDR ROS AGRO PLC ORD SHS (MCX:AGRODR) unchanged to 52-week lows; unchanged 0.00% or 0.00 to 1,083.80.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 3.62% to 40.09 a new 1-month low.

Gold Futures for February delivery was up 1.27% or 33.06 to $2,641.16 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.53% or 1.08 to hit $69.50 a barrel, while the February Brent oil contract rose 0.07% or 0.05 to trade at $72.93 a barrel.

USD/RUB was down 0.48% to 103.00, while EUR/RUB rose 0.14% to 107.39.

The US Dollar Index Futures was down 0.55% at 107.56.

This post appeared first on investing.com
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