Stock Markets November 13, 2026 04:20 PM

MOEX Russia Index Edges Up as Power, Mining and Manufacturing Stocks Lead Gains

Market breadth favors advancers; volatility gauge ticks higher amid mixed moves in commodities and FX

By Maya Rios
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ALRS

Stocks listed on the Moscow exchange finished higher on Friday, with the MOEX Russia Index closing up 0.18%. Gains were concentrated in the Power, Mining and Manufacturing sectors, while a handful of large names posted declines. The Russian Volatility Index climbed to a one-month high as commodities and currency pairs showed mixed intraday performance.

MOEX Russia Index Edges Up as Power, Mining and Manufacturing Stocks Lead Gains
ALRS
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Key Points

  • MOEX Russia Index closed up 0.18% on Friday, driven by gains in Power, Mining and Manufacturing sectors.
  • Top individual performers included AFKS (+1.79%), TRNF_p (+1.62%) and CBOM (+1.50%); notable decliners were ALRS (-1.52%), VKCO (-0.86%) and OZON (-0.64%).
  • Market breadth favored advancers (128 up, 111 down, 15 unchanged) while the Russian Volatility Index rose to a one-month high at 33.46.

Russian equities closed modestly higher on Friday, with the MOEX Russia Index finishing the session up 0.18% in Moscow trading.

Sector-level advances in Power, Mining and Manufacturing helped lift the benchmark, while individual stock performance was mixed across market capitalizations.

Top performers

  • AFK Sistema PJSC (MCX:AFKS) was the session's strongest gainer on the MOEX Russia Index, rising 1.79% - a 0.16 point increase - to finish at 9.07.
  • Transneft PJSC Pref (MCX:TRNF_p) added 1.62%, climbing 17.00 points to close at 1,080.00.
  • Moskovskiy Kreditnyi Bank PAO (MCX:CBOM) advanced 1.50%, or 0.17 points, to end the day at 11.22.

Laggards

  • AK ALROSA PJSC (MCX:ALRS) was the largest decliner among the highlighted names, falling 1.52% or 0.36 points to a close of 23.28.
  • VK Company Ltd (MCX:VKCO) dropped 0.86%, or 2.05 points, to finish at 236.90.
  • OZON (MCX:OZON) decreased 0.64%, or 24.50 points, to end at 3,788.00.

Market breadth on the Moscow Stock Exchange favored rising issues, with 128 stocks closing higher compared with 111 that fell. Fifteen stocks were unchanged at the close.

The Russian Volatility Index - RVI, which tracks implied volatility in MOEX Russia Index options, rose 4.30% to 33.46, marking a new one-month high for the gauge.

Commodities and FX snapshot

  • Gold Futures for December delivery declined 0.18%, or $6.85, settling at $3,878.45 per troy ounce.
  • Crude oil for December delivery rose 0.32%, or $0.28, to $89.02 per barrel.
  • The January Brent contract increased 0.45%, or $0.43, to trade at $96.25 per barrel.
  • USD/RUB moved lower by 0.13% to 82.69, while EUR/RUB fell 0.37% to 91.17.

On the broader currency front, the US Dollar Index Futures was up 0.21% at 103.32.


This session's trading illustrated a modestly positive close for the Russian equity market, accompanied by an uptick in implied volatility and mixed signals from commodity and currency markets. The advance-decline split indicated a slightly larger group of stocks gaining ground than falling, as several notable names recorded both gains and losses within the same sectoral backdrop.

Risks

  • Implied volatility increased - the RVI rose 4.30% to 33.46 - signaling greater uncertainty in option-implied expectations, which may affect trading strategies and risk management for equity and derivatives traders.
  • Commodity price movements were mixed with gold down and oil up, producing potential revenue and input-cost volatility for sectors such as Mining and Oil & Gas.
  • Foreign exchange moves - USD/RUB and EUR/RUB both moved lower - could create currency-related headwinds or tailwinds for exporters, importers and firms with FX-sensitive balance sheets.

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