Russian equities moved into positive territory at the close on Tuesday, with the MOEX Russia Index finishing the session up 0.19% in Moscow. Sector-level strength in Oil & Gas, Manufacturing and Telecoms helped lift the measure modestly by the market's end.
Among individual issues on the MOEX Russia Index, OZON (MCX:OZON) was the session's top performer, rising 2.27% - an increase of 99.00 points - to finish at 4,460.00. Magnit PJSC (MCX:MGNT) also advanced, gaining 2.14% or 67.00 points to close at 3,205.00. Gazprom PJSC (MCX:GAZP) added 1.99%, or 2.62 points, to reach 134.29 by the close of trading.
Not all names moved higher. The weakest performers included Surgutneftegas PJSC Pref (MCX:SNGS_p), which declined 2.61% or 1.23 points to end at 45.69. OK Rusal MKPAO (MCX:RUAL) fell 1.91%, down 0.79 points to 40.28, while PhosAgro PJSC (MCX:PHOR) slipped 1.87% or 142.00 points to finish at 7,458.00.
Market breadth leaned toward declines: on the Moscow Stock Exchange, falling stocks outnumbered advancers by 135 to 105, and 13 issues finished unchanged.
The Russian Volatility Index - RVI, which measures the implied volatility of MOEX Russia Index options, moderated during the session, slipping 1.12% to 24.82.
Commodities traded with mixed results. Gold Futures for June delivery rose 1.47% - up 65.40 - to $4,504.90 a troy ounce. In oil markets, crude for May delivery increased 0.30% or $0.26 to $88.39 a barrel, while the June Brent contract fell 0.30% or $0.29 to $95.80 a barrel.
Foreign-exchange rates were effectively unchanged at the close. USD/RUB was flat at 0.00%, holding at 80.73, and EUR/RUB was also unchanged at 0.00%, remaining at 93.50. The US Dollar Index Futures finished the session higher, up 0.31% at 99.04.
This session's price action showed modest gains in headline indices alongside a mix of individual winners and losers, with commodity and FX moves providing a varied backdrop for investors focused on Russian equities.