Stock Markets February 15, 2026

Moscow market closes flat as MOEX Russia Index records no change; major names post zero movement

AFK Sistema, Aeroflot and ROSSETI finish the session unchanged while commodities and FX show mixed shifts

By Caleb Monroe
Moscow market closes flat as MOEX Russia Index records no change; major names post zero movement

The MOEX Russia Index finished the trading session unchanged, with several large-cap names reporting no price movement at the close. Key commodities and currency pairs moved modestly, while the Russian Volatility Index remained steady. Market breadth data published for the session showed an unusual 0 to 0 reading for decliners versus advancers.

Key Points

  • MOEX Russia Index finished the session unchanged at 0.00%.
  • AFK Sistema (AFKS), Aeroflot (AFLT) and ROSSETI (FEES) all closed unchanged at 13.80, 57.08 and 0.08 respectively.
  • Commodities and FX moved: April gold futures rose 1.98% to $5,046.30; April Brent and WTI crude rose modestly; USD/RUB and EUR/RUB both fell.

The Moscow exchange closed Sunday's session with the MOEX Russia Index unchanged, leaving the benchmark effectively flat for the trading period as several headline names recorded no movement in their share prices.

Index close - At the close in Moscow the MOEX Russia Index was unchanged, with a reported change of 0.00%.

Top performers - Among the session's best performers, AFK Sistema PJSC (MCX:AFKS) finished unchanged at 13.80, a 0.00% move representing 0.00 points at the close. Aeroflot PJSC (MCX:AFLT) likewise registered no change, ending the session at 57.08, a 0.00% or 0.00-point move. ROSSETI PJSC (MCX:FEES) closed at 0.08, also unchanged at 0.00% or 0.00 points in late trade.

Notable decliners - The names listed among the worst performers for the session were the same as those that led the day on the upside: AFK Sistema PJSC (MCX:AFKS) at 13.80 unchanged, Aeroflot PJSC (MCX:AFLT) at 57.08 unchanged, and ROSSETI PJSC (MCX:FEES) at 0.08 unchanged. The session produced this mirror result despite the identical zero-change readings.

Market breadth and volatility - The report shows that falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 0 to 0. The Russian Volatility Index - RVI, which measures implied volatility for MOEX Russia Index options, was unchanged at 24.92, recording a 0.00% change.

Commodities - In commodity markets, Gold Futures for April delivery rose 1.98%, gaining 97.90 to $5,046.30 a troy ounce. Crude oil for April delivery edged higher by 0.08%, a move of 0.05 to trade at $62.75 a barrel. The April Brent oil contract increased 0.34%, up 0.23 to $67.75 a barrel.

Foreign exchange and dollar index - On the currency front, USD/RUB declined 0.74% to 76.65, while EUR/RUB fell 0.76% to 90.97. The US Dollar Index Futures slipped 0.02% to 96.82.

The close left major Russian blue-chips without price movement for the session, while broader market indicators and select commodity and currency prices displayed modest variation.


Key takeaways

  • MOEX Russia Index closed unchanged at 0.00%.
  • Leading stocks AFK Sistema, Aeroflot and ROSSETI finished the session unchanged in price.
  • Commodities and FX showed modest movements: gold advanced sharply, oil rose marginally, and the ruble strengthened against major currencies.

Risks

  • Market breadth reporting was recorded as falling stocks outnumbering advancers by 0 to 0, creating ambiguity about directional participation across sectors, including airlines and utilities.
  • An unchanged Russian Volatility Index at 24.92 may limit visibility into near-term option-implied volatility, affecting hedging decisions for market participants.
  • Movements in commodities and FX - including a sharp rise in April gold futures and declines in USD/RUB and EUR/RUB - introduce uncertainty for companies sensitive to commodity prices and exchange rates, such as energy and import-dependent firms.

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