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Russia stocks higher at close of trade; MOEX Russia Index up 1.50%

by December 26, 2024
written by December 26, 2024

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

At the close in Moscow, the MOEX Russia Index rose 1.50% to hit a new 1-month high.

The best performers of the session on the MOEX Russia Index were Transneft PJSC Pref (MCX:TRNF_p), which rose 6.74% or 71.00 points to trade at 1,125.00 at the close. Meanwhile, Moskovskaya Birzha PJSC (MCX:MOEX) added 5.63% or 10.47 points to end at 196.56 and Gazprom PJSC (MCX:GAZP) was up 5.28% or 6.42 points to 128.12 in late trade.

The worst performers of the session were PhosAgro PJSC (MCX:PHOR), which fell 0.36% or 23.00 points to trade at 6,368.00 at the close. GDR ROS AGRO PLC ORD SHS (MCX:AGRODR) unchanged 0.00% or 0.00 points to end at 1,083.80 and T Tekhnologii MKPAO (MCX:TCSG) was 0.00% or 0.00 points to 2,384.80.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 184 to 63 and 6 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 2.60% to 39.06.

Gold Futures for February delivery was unchanged 0.00% or 0.00 to $2,633.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.09% or 0.06 to hit $70.10 a barrel, while the March Brent oil contract rose 1.24% or 0.90 to trade at $73.22 a barrel.

USD/RUB was down 0.10% to 99.89, while EUR/RUB fell 0.40% to 103.55.

The US Dollar Index Futures was up 0.18% at 108.00.

This post appeared first on investing.com
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