Russia stocks lower at close of trade; MOEX Russia down 1.50%

Aug 10, 2018

Russia stocks were lower after the close on Friday, as losses in the Mining, Power and Manufacturing sectors led shares lower.

At the close in Moscow, the MOEX Russia declined 1.50%.

The best performers of the session on the MOEX Russia were Surgut-pref (MCX:SNGS_p), which rose 2.66% or 0.935 points to trade at 36.085 at the close. Meanwhile, NPK OVK PAO (MCX:UWGN) added 2.49% or 13.0 points to end at 535.0 and MegaFon OAO (MCX:MFON) was up 1.55% or 9.60 points to 630.00 in late trade.

The worst performers of the session were Safmar Finansovye Investitsii PAO (MCX:SFIN), which fell 6.21% or 45.0 points to trade at 680.0 at the close. NLMK ao (MCX:NLMK) declined 5.37% or 8.62 points to end at 152.00 and Polyus OAO (MCX:PLZL) was down 5.30% or 236.0 points to 4214.0.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 169 to 48 and 21 ended unchanged.

Shares in Surgut-pref (MCX:SNGS_p) rose to 52-week highs; gaining 2.66% or 0.935 to 36.085.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was down 3.34% to 27.770 a new 3-months high.

Gold Futures for December delivery was unchanged 0.00% or 0.00 to $1219.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.29% or 0.86 to hit $67.67 a barrel, while the October Brent oil contract rose 1.21% or 0.87 to trade at $72.94 a barrel.

USD/RUB was up 1.54% to 67.7140, while EUR/RUB rose 0.60% to 77.2720.

The US Dollar Index Futures was up 0.71% at 96.14.