December 23, 2024

Oil And Gold News

Oil And Gold Forecast, News and Analysis

Russia stocks higher at close of trade; MOEX Russia Index up 0.92%

Oil And Gold Forecast, News and Analysis:

Investing.com – Russia stocks were higher after the close on Tuesday, as gains in the Mining, Oil & Gas and Power sectors led shares higher.

At the close in Moscow, the MOEX Russia Index gained 0.92%.

The best performers of the session on the MOEX Russia Index were MMC NORILSK NICKEL PJSC (MCX:GMKN), which rose 3.37% or 3.40 points to trade at 104.20 at the close. Meanwhile, Novolipetsk Steel (MCX:NLMK) added 3.20% or 3.90 points to end at 125.70 and Moskovskiy Kreditnyi Bank PAO (MCX:CBOM) was up 2.85% or 0.17 points to 6.17 in late trade.

The worst performers of the session were Aeroflot PJSC (MCX:AFLT), which fell 1.21% or 0.68 points to trade at 55.31 at the close. IPJSC YANDEX (MCX:YDEX) declined 1.06% or 39.00 points to end at 3,644.50 and OK Rusal MKPAO (MCX:RUAL) was down 0.88% or 0.32 points to 35.58.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 151 to 88 and 17 ended unchanged.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 0.40% to 39.90.

Gold Futures for December delivery was up 0.25% or 6.95 to $2,753.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.98% or 0.70 to hit $72.17 a barrel, while the January Brent oil contract rose 0.77% or 0.58 to trade at $75.66 a barrel.

USD/RUB was down 1.21% to 97.80, while EUR/RUB fell 0.78% to 106.85.

The US Dollar Index Futures was down 0.41% at 103.36.

Source: https://www.investing.com/