Stock Markets January 31, 2026

Moscow trading ends with mixed movers as MOEX Russia Index holds flat

Market breadth favored advancers while headline index finished unchanged; commodities and FX showed modest shifts

By Maya Rios
Moscow trading ends with mixed movers as MOEX Russia Index holds flat

Russia's equity market closed with a flat MOEX Russia Index, even as more stocks rose than fell. A handful of names posted modest gains while several large-cap issues slipped. Volatility measures were stable, and commodities and currency pairs posted mixed moves at the session's end. The source report did not specify which sectors led the intraday moves.

Key Points

  • MOEX Russia Index finished unchanged at the close, showing a 0.00% change.
  • More stocks advanced than declined on the Moscow Stock Exchange: 182 rising, 42 falling, 18 unchanged.
  • Notable individual moves included gains for MCX:HYDR (+1.28%) and MCX:OZON (+0.81%), while MCX:NVTK (-0.22%) and MCX:NLMK (-0.21%) were among the laggards; commodities and FX posted mixed results.

Russia's equity market closed on Saturday with the MOEX Russia Index unchanged, finishing the session at the same level as the prior close - a reported 0.00% change. Overall market sentiment showed more advancing issues than decliners, although the original report did not clearly identify which sectors were driving those moves.

Top and bottom movers

Among individual names, Federal Hydro Generating Company RusHydro PJSC (MCX:HYDR) was the session's top performer, rising 1.28% or 0.01 points to finish at 0.43. OZON (MCX:OZON) also closed higher, adding 0.81% or 37.50 points to reach 4,689.50. ROSSETI PJSC (MCX:FEES) registered an increase as well, reported as 0.77% with 0.00 points to 0.08 in late trade.

On the downside, NOVATEK PJSC (MCX:NVTK) posted a decline of 0.22% or 2.60 points to end at 1,175.40. Novolipetsk Steel (MCX:NLMK) fell 0.21% or 0.24 points to close at 113.24, and Moskovskaya Birzha PJSC (MCX:MOEX) was down 0.16% or 0.30 points to 181.68.

Market breadth and volatility

On the Moscow Stock Exchange, rising issues outnumbered falling ones by 182 to 42, while 18 stocks finished unchanged. The Russian Volatility Index - RVI, which reflects implied volatility in MOEX Russia Index options, was reported unchanged at 26.52 (0.00% change).

Commodities and currency moves

Commodities showed mixed outcomes. The report lists Gold Futures for April delivery as down 11.39% or 612.00 to $4,763.10 a troy ounce. In energy markets, Crude oil for delivery in March declined 0.32% or 0.21 to $65.21 a barrel, while the April Brent oil contract fell 0.39% or 0.27 to trade at $69.32 a barrel.

In currency trading, USD/RUB was up 0.05% to 76.00, while EUR/RUB fell 0.95% to 90.06. The US Dollar Index Futures moved higher as well, up 0.75% at 96.86.

Notes on reporting limitations

The source material indicated a general decline in Russia stocks after the close but did not specify which sectors led the changes that day. Where the original report contained unclear or inconsistent phrasing, this article reflects that limitation rather than adding unreported detail.


Data points such as individual stock moves, index changes, volatility figures, commodity prices and FX rates are reported exactly as provided in the source information.

Risks

  • Market breadth showed more advancers than decliners, but the report did not specify which sectors were driving performance - this lack of detail limits sector-level interpretation and affects equity and sector allocation decisions.
  • Volatility readings were unchanged (RVI at 26.52), which may mask intra-session swings not captured by end-of-day metrics; this presents uncertainty for options and volatility-sensitive strategies.
  • Commodity and FX moves were mixed, with energy and precious metals prices shifting during the session; such moves can introduce near-term earnings and cash-flow sensitivity for oil & gas and materials companies.

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