Overview of the Market#
On Saturday, Russia's stock market closed with mixed results. The MOEX Russia Index, which tracks the performance of major Russian companies, ended the day unchanged at 0.00%. This indicates that overall, the market did not experience significant movement.
Top Performers#
Among the stocks that gained value, Severstal PJSC saw a rise of 0.47%, increasing by 3.80 points to close at 804.00. VK Company Ltd followed closely, adding 0.32% or 0.85 points to finish at 262.95. TATNEFT n.a. V.D. Shashin also saw a modest increase of 0.29%, closing at 596.60.
Notable Declines#
On the other hand, some companies experienced losses. Magnitogorskiy Metallurgicheskiy Kombinat PAO dropped by 0.55%, losing 0.14 points to trade at 26.03. MMC Norilsk Nickel PJSC declined by 0.44%, ending at 137.20, while Aeroflot PJSC fell by 0.37% to close at 48.81.
Market Activity#
Overall, there were 114 advancing stocks compared to 99 declining ones, with 26 stocks remaining unchanged on the Moscow Stock Exchange. The Russian Volatility Index (RVI), which indicates market uncertainty, also remained stable at 22.31.
Commodity Prices#
In commodities, Gold Futures for June delivery increased by 0.36%, reaching $4,740.90 per troy ounce. Conversely, Crude Oil for June delivery fell by 1.51% to $94.40 per barrel, while the June Brent oil contract rose slightly by 0.25% to $105.33 per barrel.
In currency markets, the Russian Ruble weakened against the US Dollar, down 0.82% to 75.25, and also fell 0.50% against the Euro to 88.21.