Russian equities closed lower on Friday, with the benchmark MOEX Russia Index finishing the session down 0.96% in Moscow trading. Sector-level declines in Mining, Power and Oil & Gas were the main contributors to the downward move.
Top and bottom performers
Among constituents of the MOEX Russia Index, AFK Sistema PJSC (MCX:AFKS) was one of the session's best performers, gaining 1.20% or 0.14 points to end at 11.75. TATNEFT n.a. V.D. Shashin (MCX:TATN) rose 1.10% or 6.60 points to close at 605.60, and Mobil'nye Telesistemy PJSC (MCX:MTSS) advanced 0.78% or 1.75 points to finish at 226.95.
On the downside, Surgutneftegas PJSC Pref (MCX:SNGS_p) led losses, dropping 2.31% or 0.95 points to 40.25 at the close. VK Company Ltd (MCX:VKCO) fell 2.25% or 5.45 points to 237.20, while Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) declined 2.15% or 0.56 points to 25.25.
Market breadth and volatility
Decliners outweighed advancers on the Moscow Stock Exchange by 177 to 64, with 10 issues unchanged. The Russian Volatility Index - RVI, which tracks implied volatility on options tied to the MOEX Russia Index, increased 7.40% to 22.35 during the session.
Commodities and currency moves
Commodities trading showed notable moves. Gold Futures for June delivery fell 3.02% or 141.70 to settle at $4,543.60 a troy ounce. Crude oil for June delivery rose 4.44% or 4.49 to $105.66 a barrel, while the July Brent contract climbed 3.28% or 3.47 to trade at $109.19 a barrel.
In currency markets, USD/RUB moved down 0.65% to 72.77 and EUR/RUB fell 0.91% to 84.68. The US Dollar Index Futures was up 0.47% at 99.20.
Additional note
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