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Home»Stock Market»Russia stocks higher at close of trade; MOEX Russia Index up 3.33%
Stock Market

Russia stocks higher at close of trade; MOEX Russia Index up 3.33%

January 7, 2025No Comments1 Min Read
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On Monday, Russia stocks closed higher with gains in various sectors driving the market up. At the close in Moscow, the MOEX Russia Index rose by 3.33% to reach a new 3-month high.

Among the top performers were Severstal PJSC (MCX:) with an 8.54% increase, Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:) rising by 7.13%, and VK Company Ltd (MCX:) up by 5.89%. On the other hand, Transneft PJSC Pref (MCX:) was among the worst performers with a 0.12% decline.

Rising stocks significantly outnumbered declining ones on the Moscow Stock Exchange, with 238 gaining, 8 declining, and 7 unchanged. GDR ROS AGRO PLC ORD SHS (MCX:) remained unchanged at 52-week lows.

In commodities trading, Gold Futures for February delivery decreased by 0.40%, while Crude oil and Brent oil contracts for February and March delivery saw increases.

USD/RUB and EUR/RUB exchange rates rose, while the US Dollar Index Futures also showed a slight increase.

close Higher index MOEX Russia stocks trade
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