Russia's stock market finished the trading session in Moscow on Monday with a clear gain, led by strength in resource and utility names. At the close, the MOEX Russia Index was up 2.90%.
Among individual issues, Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) recorded the largest advance, rising 5.82% - an increase of 1.04 points - to close at 18.90. Aeroflot PJSC (MCX:AFLT) also posted a strong result, adding 5.22% or 1.98 points to finish the session at 39.93. PIK SHb PJSC (MCX:PIKK) climbed 5.02%, up 27.20 points to settle at 569.00 in late trade.
On the other end of the ledger, GDR ROS AGRO PLC ORD SHS (MCX:AGRODR) ended the day unchanged at 1,083.80, with no price movement recorded. Moskovskiy Kreditnyi Bank PAO (MCX:CBOM) likewise showed virtually no change, ending at 8.53 (unchanged, 0.02%). Surgutneftegas PJSC Pref (MCX:SNGS_p) ticked up a modest 0.06% or 0.03 points to close at 40.96.
Market breadth favored advancing issues by a wide margin on the Moscow exchange: 227 stocks rose, 21 declined and 3 finished unchanged.
The report notes that shares of GDR ROS AGRO PLC ORD SHS (MCX:AGRODR) were unchanged at a 52-week low level, closing at 1,083.80 with no movement recorded for the session.
Volatility as measured by the Russian Volatility Index - RVI - declined sharply, falling 10.58% to 38.47 by the close of trading.
Commodities that can weigh on market sectors moved unevenly during the session. Gold futures for August delivery dropped 1.60%, a loss of $65.60, to trade at $4,030.70 per troy ounce. In energy, the August crude oil contract gained 1.72% or $1.19 to reach $70.42 a barrel, while the September Brent contract slipped 0.26% or $0.19 to trade at $73.47 a barrel.
Foreign exchange indicators included USD/RUB remaining unchanged at 76.97 and EUR/RUB unchanged at 87.98. The US Dollar Index Futures was lower, down 0.24% to 100.88 at the time reported.
Contextual note: The session's gains were concentrated in the Oil & Gas, Power and Mining sectors, which the market summary identifies as the primary drivers behind the MOEX advance.