Russia stocks lower at close of trade; MOEX Russia down 1.36%

06/12/2018 16:35:00 Stock Market

Russia stocks were lower after the close on Thursday, as losses in the Telecoms, Oil&Gas and Power sectors led shares lower.

At the close in Moscow, the MOEX Russia declined 1.36%.

The best performers of the session on the MOEX Russia were NK RussNeft PAO (MCX:RNFT), which rose 2.85% or 15.6 points to trade at 563.6 at the close. Meanwhile, Surgut-pref (MCX:SNGS_p) added 1.45% or 0.560 points to end at 39.130 and MMK (MCX:MAGN) was up 0.93% or 0.425 points to 46.000 in late trade.

The worst performers of the session were SG mechel (MCX:MTLR), which fell 3.16% or 2.84 points to trade at 87.10 at the close. Gazprom PAO (MCX:GAZP) declined 2.40% or 3.95 points to end at 160.62 and MTS (MCX:MTSS) was down 2.38% or 5.90 points to 242.30.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 135 to 70 and 18 ended unchanged.

Shares in Surgut-pref (MCX:SNGS_p) rose to 52-week highs; rising 1.45% or 0.560 to 39.130. Shares in MTS (MCX:MTSS) fell to 52-week lows; losing 2.38% or 5.90 to 242.30.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was up 0.49% to 28.530.

Gold Futures for February delivery was up 0.28% or 3.50 to $1246.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 4.90% or 2.59 to hit $50.30 a barrel, while the February Brent oil contract fell 4.61% or 2.84 to trade at $58.72 a barrel.

USD/RUB was up 0.85% to 67.1327, while EUR/RUB rose 1.03% to 76.2975.

The US Dollar Index Futures was down 0.17% at 96.845.