Russia stocks lower at close of trade; MOEX Russia down 1.61%

Russia stocks lower at close of trade; MOEX Russia down 1.61%

Russia stocks lower at close of trade; MOEX Russia down 1.61%
Stock Market
Wednesday, August 14, 2019 - 17:00

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

At the close in Moscow, the MOEX Russia lost 1.61% to hit a new 1-month low.

The best performers of the session on the MOEX Russia were Polyus OAO (MCX:PLZL), which rose 2.42% or 170.0 points to trade at 7194.0 at the close. Meanwhile, NMTP (MCX:NMTP) added 2.18% or 0.1750 points to end at 8.1950 and Polymetal International PLC (MCX:POLY) was up 2.16% or 18.00 points to 850.00 in late trade.

The worst performers of the session were AFK Sistema (MCX:AFKS), which fell 4.46% or 0.514 points to trade at 11.000 at the close. Trubnaya Metallurgicheskaya Kompaniya OAO (MCX:TRMK) declined 3.76% or 2.08 points to end at 53.24 and United Company Rusal Plc (MCX:RUAL) was down 3.25% or 0.865 points to 25.745.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 164 to 61 and 15 ended unchanged.

Shares in Polyus OAO (MCX:PLZL) rose to all time highs; rising 2.42% or 170.0 to 7194.0.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was up 2.56% to 25.640 a new 6-months high.

Gold Futures for December delivery was up 1.30% or 19.75 to $1533.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 5.34% or 3.05 to hit $54.05 a barrel, while the October Brent oil contract fell 4.88% or 2.99 to trade at $58.31 a barrel.

USD/RUB was up 1.79% to 66.0728, while EUR/RUB rose 1.48% to 73.6157.

The US Dollar Index Futures was up 0.15% at 97.782.

© Reuters.
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