MOEX index falls to three-year low as oil, power and mining drag Russian stocks
Russian equities closed lower on Thursday, led by declines in the Oil & Gas, Power and Mining sectors. The MOEX Russia Index slid 1.62% to a fresh three-year low. Market breadth was negative with 183 decliners versus 59 advancers. The Russian Volatility Index climbed to a six-month high as select large-cap names posted sharp moves and commodities s…