Russian equities finished the session with little net change on Saturday, the market reflecting a patchwork of small gains and losses across key sectors.
At the close in Moscow the MOEX Russia Index was unchanged, recording a 0.00% move.
Top performers
- Severstal PJSC (MCX:CHMF) rose 0.47% or 3.80 points to finish at 804.00.
- VK Company Ltd (MCX:VKCO) added 0.32% or 0.85 points to close at 262.95.
- TATNEFT n.a. V.D. Shashin (MCX:TATN) gained 0.29% or 1.70 points to end at 596.60.
Lagging issues
- Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) slipped 0.55% or 0.14 points to 26.03 at the close.
- MMC NORILSK NICKEL PJSC (MCX:GMKN) declined 0.44% or 0.60 points to finish at 137.20.
- Aeroflot PJSC (MCX:AFLT) fell 0.37% or 0.18 points to 48.81 in late trade.
On the Moscow Stock Exchange, advancing issues outnumbered decliners by 114 to 99, while 26 stocks finished unchanged.
The Russian Volatility Index - RVI, which gauges implied volatility for MOEX options, was unchanged at 22.31, a 0.00% move.
Commodities and FX
- Gold Futures for June delivery were up 0.36% or 16.90 to $4,740.90 a troy ounce.
- Crude oil for June delivery fell 1.51% or 1.45 to $94.40 a barrel.
- The June Brent oil contract rose 0.25% or 0.26 to trade at $105.33 a barrel.
- USD/RUB moved lower by 0.82% to 75.25, while EUR/RUB fell 0.50% to 88.21.
- The US Dollar Index Futures was down 0.24% at 98.36.
The session showed selective strength in certain industrial and energy-related names, offset by softening in some miners and an airline. Volatility readings remained steady and currency moves reflected modest ruble appreciation versus major currencies.