Russia stocks were lower after the close on Friday, as losses in the Mining, Oil & Gas and Manufacturing sectors pushed the market down.
At the close in Moscow, the MOEX Russia Index declined 0.49% to hit a new 3-months low.
Among individual movers on the MOEX Russia Index, ROSSETI PJSC (MCX:FEES) was listed among the session's best performers, recorded as unchanged 2.44% or 0.00 points to trade at 0.07 at the close. NOVATEK PJSC (MCX:NVTK) advanced 1.74% or 19.60 points to finish at 1,144.90, while TATNEFT n.a. V.D. Shashin Pref (MCX:TATN_p) rose 1.70% or 9.10 points to 544.00 in late trade.
The day's laggards included Novolipetsk Steel (MCX:NLMK), which fell 1.16% or 0.98 points to trade at 83.62 at the close. Moskovskiy Kreditnyi Bank PAO (MCX:CBOM) declined 1.15% or 0.07 points to end at 6.10, and PhosAgro PJSC (MCX:PHOR) was down 0.82% or 55.00 points to 6,669.00.
Market breadth on the Moscow Stock Exchange showed more rising issues than decliners, with 140 stocks up, 102 down and 8 finishing unchanged.
Shares in Novolipetsk Steel (MCX:NLMK) fell to 3-years lows; losing 1.16% or 0.98 to 83.62.
Volatility on the MOEX options market moved higher: the Russian Volatility Index - RVI, which measures the implied volatility of MOEX Russia Index options, was up 0.59% to 25.57.
Commodity and currency moves accompanied equity trading. Gold Futures for June delivery rose 0.27% or 12.80 to $4,723.70 a troy ounce. In energy markets, crude oil for June delivery slipped 0.14% or 0.13 to $94.68 a barrel, while the July Brent contract increased 0.51% or 0.51 to trade at $100.57 a barrel.
On the foreign exchange front, USD/RUB was down 0.33% to 74.40, and EUR/RUB fell 0.08% to 87.46. The US Dollar Index Futures was lower by 0.22% at 97.73.
Summary of the close:
- MOEX Russia Index declined 0.49% to a new three-month low.
- Top performers included ROSSETI PJSC (MCX:FEES), NOVATEK PJSC (MCX:NVTK) and TATNEFT n.a. V.D. Shashin Pref (MCX:TATN_p).
- Notable decliners included Novolipetsk Steel (MCX:NLMK), Moskovskiy Kreditnyi Bank PAO (MCX:CBOM) and PhosAgro PJSC (MCX:PHOR).
The trading day closed with mixed signals across equities, commodities and currency pairs, and with implied volatility modestly higher on the MOEX options complex.