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Russia stocks higher at close of trade; MOEX Russia Index up 1.18%

by January 17, 2025
written by January 17, 2025

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 added 1.18% to hit a new 3-months high.

The best performers of the session on the MOEX Russia Index were PIK SHb PJSC (MCX:PIKK), which rose 15.88% or 88.60 points to trade at 646.70 at the close. Meanwhile, ADS Ozon Holdings PLC ORD SHS (MCX:OZONDR) added 6.54% or 214.00 points to end at 3,487.00 and MMC NORILSK NICKEL PJSC (MCX:GMKN) was up 4.85% or 5.80 points to 124.90 in late trade.

The worst performers of the session were Moskovskiy Kreditnyi Bank PAO (MCX:CBOM), which fell 0.87% or 0.08 points to trade at 9.26 at the close. Polyus PJSC (MCX:PLZL) declined 0.50% or 76.50 points to end at 15,131.00 and TATNEFT n.a. V.D. Shashin (MCX:TATN) was down 0.46% or 3.10 points to 674.00.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 181 to 65 and 7 ended unchanged.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was down 6.86% to 34.74 a new 1-month low.

Gold Futures for February delivery was down 0.47% or 13.01 to $2,737.89 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.53% or 0.41 to hit $77.44 a barrel, while the March Brent oil contract fell 0.63% or 0.51 to trade at $80.78 a barrel.

USD/RUB was down 1.09% to 102.50, while EUR/RUB fell 0.23% to 105.26.

The US Dollar Index Futures was up 0.40% at 109.25.

This post appeared first on investing.com
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