Market close overview
Russia's equity market ended the trading day in positive territory on Monday, with the MOEX Russia Index up 1.31% at the close in Moscow, marking a new three-month high. Gains were concentrated in the Oil & Gas, Manufacturing and Mining sectors, which collectively lifted the broader benchmark.
Top and bottom performers
The session's largest advances were led by TATNEFT n.a. V.D. Shashin (MCX:TATN), which rose 11.75% - an increase of 63.80 points - to finish at 606.80. Rosneft PJSC (MCX:ROSN) added 10.50% or 41.40 points to end the day at 435.65. The preferred shares of TATNEFT n.a. V.D. Shashin (MCX:TATN_p) climbed 10.11%, gaining 52.50 points to close at 572.00.
On the downside, Moskovskiy Kreditnyi Bank PAO (MCX:CBOM) fell 3.32% or 0.20 points to trade at 5.85 by the close, Unipro PJSC (MCX:UPRO) declined 3.14% or 0.05 points to end at 1.57, and Aeroflot PJSC (MCX:AFLT) was down 2.92% or 1.63 points to 54.24.
Breadth and notable levels
Decliners outnumbered advancers on the Moscow Stock Exchange, with 197 stocks losing ground versus 48 gaining, and 8 ending unchanged. Shares of Moskovskiy Kreditnyi Bank PAO moved to a 52-week low, dropping to 5.85 at the session close.
Volatility, commodities and currency moves
The Russian Volatility Index - RVI, which tracks implied volatility in options on the MOEX Russia Index, eased 1.73% to 24.40.
Commodities traded higher alongside equities. Gold futures for April delivery advanced 1.99% or 104.39 to $5,352.29 a troy ounce. In oil markets, April delivery crude rose 6.86% or 4.60 to $71.62 a barrel, while the May Brent contract increased 7.64% or 5.57 to trade at $78.44 a barrel.
On foreign exchange, USD/RUB was up 0.25% at 77.49, and EUR/RUB fell 0.63% to 90.73. The US Dollar Index Futures gained 0.95% to 98.49.
What this means
Monday's session shows concentrated strength in energy and mining-related names supporting the MOEX benchmark, with parallel moves in commodity prices and currency rates. At the same time, select financials and utilities lagged, and the number of decliners exceeded advancers.