Russia stocks lower at close of trade; MOEX Russia down 2.08%

Russia stocks lower at close of trade; MOEX Russia down 2.08%

Jun 08, 2018

Investing.com – Russia stocks were lower after the close on Friday, as losses in the Oil&Gas, Mining and Power sectors led shares lower.

At the close in Moscow, the MOEX Russia declined 2.08% to hit a new 1-month low.

The best performers of the session on the MOEX Russia were Safmar Finansovye Investitsii PAO (MCX:SFIN), which rose 3.09% or 21.0 points to trade at 700.0 at the close. Meanwhile, NK RussNeft PAO (MCX:RNFT) added 0.91% or 5.0 points to end at 555.0 and Moskovskiy Kreditnyi Bank OAO (MCX:CBOM) was up 0.70% or 0.033 points to 4.733 in late trade.

The worst performers of the session were Magnit (MCX:MGNT), which fell 4.21% or 212.0 points to trade at 4818.0 at the close. Polyus OAO (MCX:PLZL) declined 3.96% or 156.0 points to end at 3785.0 and X5 Retail Group NV (MCX:FIVEDR) was down 3.93% or 68.5 points to 1675.0.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 153 to 53 and 26 ended unchanged.

Shares in X5 Retail Group NV (MCX:FIVEDR) fell to all time lows; falling 3.93% or 68.5 to 1675.0.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was down 0.56% to 26.440.

Gold Futures for August delivery was down 0.05% or 0.60 to $1302.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.64% or 0.42 to hit $65.53 a barrel, while the August Brent oil contract fell 1.09% or 0.84 to trade at $76.48 a barrel.

USD/RUB was down 0.08% to 62.3704, while EUR/RUB fell 0.28% to 73.4293.

The US Dollar Index Futures was up 0.14% at 93.56.

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