Russia stocks lower at close of trade; MOEX Russia down 3.90%

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

At the close in Moscow, the MOEX Russia declined 3.90% to hit a new 52-week low.

The best performers of the session on the MOEX Russia were Gazprom PAO (MCX:GAZP), which rose 0.49% or 0.60 points to trade at 123.57 at the close. Meanwhile, HeadHunter Group PLC (MCX:HHRUDR) unchanged 0.00% or 0.00 points to end at 3,908.00 and X5 Retail Group NV (MCX:FIVEDR) was unchanged 0.00% or 0.00 points to 2,798.00 in late trade.

The worst performers of the session were FSK EES (MCX:FEES), which fell 11.00% or 0.01 points to trade at 0.08 at the close. Moskovskiy Kreditnyi Bank OAO (MCX:CBOM) declined 10.29% or 0.67 points to end at 5.87 and Globaltrans Investment Gdr (MCX:GLTRDR) was down 8.15% or 37.40 points to 421.60.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 237 to 16.

Shares in FSK EES (MCX:FEES) fell to 52-week lows; losing 11.00% or 0.01 to 0.08. Shares in Moskovskiy Kreditnyi Bank OAO (MCX:CBOM) fell to 52-week lows; falling 10.29% or 0.67 to 5.87. Shares in Globaltrans Investment Gdr (MCX:GLTRDR) fell to 52-week lows; losing 8.15% or 37.40 to 421.60.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was up 0.91% to 39.00 a new 52-week high.

Gold Futures for December delivery was up 0.16% or 4.10 to $2,531.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.67% or 0.49 to hit $74.04 a barrel, while the November Brent oil contract rose 0.47% or 0.36 to trade at $77.29 a barrel.

USD/RUB was down 0.01% to 89.79, while EUR/RUB fell 0.02% to 99.42.

The US Dollar Index Futures was down 0.05% at 101.57.