Stocks in Russia finished the session lower overall on Sunday, despite the MOEX Russia Index ending the trading day unchanged at 0.00% and recording a new 3-months high. A note in the original market report indicated that certain sectors led the move, but those sectors were not specified in the source text.
Top performers
- TATNEFT n.a. V.D. Shashin (MCX:TATN) led advancers on the MOEX Russia Index, rising 3.04% or 16.50 points to close at 559.50.
- Polyus PJSC (MCX:PLZL) added 3.03% or 75.80 points, finishing at 2,581.20.
- LUKOIL PJSC (MCX:LKOH) gained 2.99% or 156.00 points to end the day at 5,376.50.
Lagging names
- Aeroflot PJSC (MCX:AFLT) was the session's biggest decliner among the listed names, down 1.59% or 0.89 points to 54.98 at the close.
- Magnit PJSC (MCX:MGNT) decreased 1.49% or 50.00 points to 3,309.50.
- Federal Hydro Generating Company RusHydro PJSC (MCX:HYDR) slipped 1.44% or 0.01 points to 0.44.
On market breadth, falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 183 to 61, while 4 issues finished unchanged.
Volatility and commodities
The Russian Volatility Index - RVI, which measures implied volatility of options on the MOEX Russia Index, was unchanged at 0.00% and stood at 23.92, marking a new 1-month low.
Commodities moved higher during the session. Gold Futures for April delivery increased 1.03% or 53.70 to $5,247.90 a troy ounce. In energy markets, Crude oil for April delivery rose 2.78% or 1.81 to $67.02 a barrel, while the May Brent contract gained 2.45% or 1.73 to trade at $72.48 a barrel.
Currencies and broader dollar measures
The ruble weakened against major currencies: USD/RUB rose 0.55% to 77.30, and EUR/RUB increased 0.69% to 91.32. The US Dollar Index Futures was down 0.17% at 97.57.
The market update reflects the session's mixed dynamics: selective strength among large energy and mining names contrasted with pressure on certain consumer and utility stocks, while implied volatility eased and commodity prices advanced.