Stock Markets May 13, 2026 05:20 PM

MOEX edges up as energy and mining names lead modest gains

Russian benchmark closes higher as select oil, power and mining stocks post advances while market breadth favors decliners

By Jordan Park
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The MOEX Russia Index finished the session up 0.13%, supported by gains in Power, Mining and Oil & Gas names. VK Company, Transneft Pref and TATNEFT were among the top performers, while OZON, RusHydro and ROSSETI registered the largest declines. Market breadth favored falling issues, the Russian Volatility Index eased slightly and commodities showed mixed moves.

MOEX edges up as energy and mining names lead modest gains
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Key Points

  • MOEX Russia Index closed up 0.13% as Power, Mining and Oil & Gas stocks led gains.
  • Top advancing issues included VK Company (+1.91%), Transneft Pref (+1.64%) and TATNEFT (+1.29%); leading decliners were OZON (-1.26%), RusHydro (-1.25%) and ROSSETI (-1.17%).
  • Market breadth favored losers (140 decliners vs. 101 advancers), RVI eased to 25.11, and commodities were mixed with gold up and June crude down.

Russia's equity benchmark ended Wednesday's trading session with a small gain as advances in the Power, Mining and Oil & Gas sectors helped push the MOEX Russia Index higher.

At the close in Moscow, the MOEX Russia Index was up 0.13%.


Top and bottom movers

The strongest performers on the MOEX Russia Index were:

  • VK Company Ltd (MCX:VKCO) - rose 1.91% (4.60 points) to finish at 245.90.
  • Transneft PJSC Pref (MCX:TRNF_p) - added 1.64% (23.00 points) to close at 1,414.00.
  • TATNEFT n.a. V.D. Shashin (MCX:TATN) - advanced 1.29% (7.70 points) to end at 606.90.

The session's biggest decliners included:

  • OZON (MCX:OZON) - down 1.26% (54.50 points) to 4,283.00 at the close.
  • Federal Hydro Generating Company RusHydro PJSC (MCX:HYDR) - slipped 1.25% (0.01 points) to end at 0.40.
  • ROSSETI PJSC (MCX:FEES) - fell 1.17% (0.00 points) to 0.07.

Market breadth and volatility

Decliners outnumbered advancers on the Moscow Stock Exchange, with 140 stocks falling compared with 101 rising. Nine issues finished unchanged. The Russian Volatility Index - RVI, which measures implied volatility of MOEX Russia Index options, moved down 0.04% to 25.11.


Commodities and energy benchmarks

Commodity prices were mixed during the session. Gold futures for June delivery increased 0.22% (10.40) to $4,697.10 a troy ounce. In crude markets, the June contract fell 1.15% (1.18) to $101.00 a barrel, while the July Brent contract inched up 0.04% (0.04) to trade at $105.68 a barrel.


Foreign exchange and broader indexes

The ruble crosses were unchanged: USD/RUB held steady at 73.61 (0.00%) and EUR/RUB remained at 86.22 (0.00%). Elsewhere, the U.S. Dollar Index futures were higher, registering a 0.22% gain to 98.40.


This close-of-day summary captures price changes, breadth measures and selected commodity and FX moves reported at the Moscow market close. It reflects the session's discrete performance across stocks, volatility and related markets without attribution of causes beyond the recorded price and volume outcomes.

Risks

  • Market breadth showed more decliners than advancers, indicating sector or stock-level weakness that could affect equity valuations - this impacts the broader stock market and sector-specific investors.
  • Volatility measures, while slightly lower, remain relevant to options pricing and investor sentiment, particularly for MOEX-linked options traders and risk managers.
  • Commodity price swings, notably a drop in the June crude contract, introduce uncertainty for energy and oil & gas sector performance and related equities.

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