Moscow Shares Slip as Mining, Oil & Gas and Power Stocks Lead Declines
Russian equities closed lower on Thursday, with the MOEX Russia Index down 1.17% to a one-month low. Losses were concentrated in the Mining, Oil & Gas and Power sectors. Market breadth favored decliners, the Russian Volatility Index fell sharply to a 52-week low, and key commodity and currency benchmarks showed mixed moves.