Russia stocks lower at close of trade; MOEX Russia down 1.86%

Investing.com – Russia stocks were lower after the close on Thursday, as losses in the Telecoms, Mining and Power sectors led shares lower.

At the close in Moscow, the MOEX Russia lost 1.86%.

The best performers of the session on the MOEX Russia were Globaltrans Investment Gdr (MCX:GLTRDR), which rose 3.78% or 17.30 points to trade at 475.10 at the close. Meanwhile, Surgut-pref (MCX:SNGS_p) added 2.37% or 1.16 points to end at 50.28 and NK Rosneft PAO (MCX:ROSN) was up 2.24% or 10.70 points to 488.45 in late trade.

The worst performers of the session were Gazprom PAO (MCX:GAZP), which fell 2.40% or 2.92 points to trade at 118.70 at the close. GMK Norilskiy Nikel PAO (MCX:GMKN) declined 2.03% or 2.10 points to end at 101.50 and Novolipetsk Steel PAO (MCX:NLMK) was down 1.87% or 2.68 points to 140.76.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 196 to 54 and 6 ended unchanged.

Shares in GMK Norilskiy Nikel PAO (MCX:GMKN) fell to 5-year lows; losing 2.03% or 2.10 to 101.50.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was down 2.32% to 34.98.

Gold Futures for December delivery was up 1.76% or 44.65 to $2,587.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 2.78% or 1.87 to hit $69.18 a barrel, while the November Brent oil contract rose 0.10% or 0.07 to trade at $72.23 a barrel.

USD/RUB was down 0.03% to 89.18, while EUR/RUB fell 0.02% to 98.77.

The US Dollar Index Futures was down 0.42% at 101.23.