Russian equities finished the Sunday session with more decliners than advancers, yet the MOEX Russia Index ended the day unchanged at a new six-month low.
At the Moscow close the MOEX Russia Index registered a 0.00% change, leaving the gauge at its lowest level in six months.
The session's leading performers included ROSSETI PJSC (MCX:FEES), which was reported unchanged, trading at 0.06 at the close. LUKOIL PJSC (MCX:LKOH) advanced 0.69%, adding 33.50 points to settle at 4,858.50, and Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) rose 0.45% to finish at 22.46.
On the downside, Federal Hydro Generating Company RusHydro PJSC (MCX:HYDR) was unchanged at 0.38 at the close, Polyus PJSC (MCX:PLZL) slipped 0.57% to 2,052.20, and VK Company Ltd (MCX:VKCO) fell 0.36% to 234.00.
By the end of trading on the Moscow Stock Exchange, advancing issues outnumbered decliners by 123 to 108, while 11 securities finished flat.
The Russian Volatility Index - RVI, a gauge of implied volatility for options on the MOEX Russia Index, remained unchanged at 24.56.
Commodities moved lower during the session. Gold Futures for August delivery fell 3.10%, down $139.70, to $4,365.30 a troy ounce. In oil markets, July crude dropped 2.69% to $90.54 a barrel, and the August Brent contract declined 2.04% to $93.09 a barrel.
On the currency front, the USD/RUB rate rose 0.41% to 73.70 while EUR/RUB eased 0.36% to 84.91. The U.S. Dollar Index Futures was reported up 0.67% at 100.05.
Market context
- Equity breadth on the Moscow exchange favored decliners in the session described, despite an unchanged headline index.
- Notable movers included names from utilities, energy and metals.
- Commodities, including gold and crude oil, fell during the same trading period.
Data points cited
- MOEX Russia Index: 0.00% at a six-month low.
- FEES: 0.06 at close (unchanged).
- LKOH: +0.69% to 4,858.50.
- MAGN: +0.45% to 22.46.
- HYDR: 0.38 at close (unchanged).
- PLZL: -0.57% to 2,052.20.
- VKCO: -0.36% to 234.00.
- RVI: 24.56 (unchanged).
- Gold (Aug): -3.10% to $4,365.30 per troy ounce.
- Crude oil (July): -2.69% to $90.54 per barrel.
- Brent (Aug): -2.04% to $93.09 per barrel.
- USD/RUB: 73.70 (+0.41%).
- EUR/RUB: 84.91 (-0.36%).
- U.S. Dollar Index Futures: 100.05 (+0.67%).