Russian equities finished with gains on Monday as buyers pushed the MOEX Russia Index up 1.60%, marking a fresh one-month high at the close in Moscow. The session was driven by strength in the Mining, Power and Oil & Gas sectors.
Top performers on the MOEX Russia Index were Federal Hydro Generating Company RusHydro PJSC (MCX:HYDR), which advanced 6.87% or 0.02 points to close at 0.34; Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN), which climbed 5.76% or 1.22 points to finish at 22.39; and Aeroflot PJSC (MCX:AFLT), which rose 5.71% or 1.89 points to end the day at 35.00.
Among laggards were LUKOIL PJSC (MCX:LKOH), down 0.55% or 25.50 points to 4,605.00 at the close; Rosneft PJSC (MCX:ROSN), which slipped 0.24% or 0.85 points to finish at 346.85; and GDR ROS AGRO PLC ORD SHS (MCX:AGRODR), which was unchanged at 1,083.80 and recorded a move to 52-week lows with no change on the day.
Market breadth on the Moscow Stock Exchange was decisively positive, with 222 stocks rising, 27 declining and 4 ending unchanged.
Market and commodity indicators
- The Russian Volatility Index - RVI, measuring implied volatility for MOEX Russia Index options, increased 1.98% to 40.25.
- Gold Futures for December delivery rose 0.09% or 3.90 to $4,110.90 a troy ounce.
- Crude oil for September delivery fell 5.44% or 4.61 to $80.06 a barrel, while the October Brent contract gained 0.37% or 0.31 to trade at $83.86 a barrel.
- FX rates were unchanged on the day: USD/RUB at 81.62 and EUR/RUB at 92.57.
- The US Dollar Index Futures was up 0.06% at 99.85.
Implications for sectors
The session’s winners were concentrated in the Power, Mining and select Oil & Gas names, while some major energy producers saw modest declines. Commodity price moves were mixed: a meaningful drop in front-month U.S. crude contrasted with a small gain in Brent, and gold posted a slight uptick. Implied volatility on MOEX options ticked higher, reflecting a modest increase in option market pricing for near-term moves.
Summary of key figures
- MOEX Russia Index: +1.60% to a one-month high.
- Top gainers: HYDR +6.87% to 0.34; MAGN +5.76% to 22.39; AFLT +5.71% to 35.00.
- Notable decliners: LKOH -0.55% to 4,605.00; ROSN -0.24% to 346.85; AGRODR unchanged at 1,083.80 (at 52-week lows).
- RVI: +1.98% to 40.25.
These movements reflect a session of broad buying interest across Russian equity markets, with commodity prices and implied volatility contributing to the trading backdrop.