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Russia stocks lower at close of trade; MOEX Russia down 2.32% By Investing.com

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Investing.com – Russian stocks were lower after the close on Friday, as losses in sectors led shares lower.

At the end of trading in Moscow, the Moscow Stock Exchange index fell by 2.32% to reach its lowest level in 52 weeks.

The session’s top performer was OK Rusal MKPAO (MCX:), which rose 4.53% or 1.43 points to trade at 33.13 at the close. Meanwhile, VK Company Ltd DRC (MCX:) added 2.02% or 7.40 points to close at 373.40 and Alrosa Company MCX stock rose 1.81% or 0.96 points to 53.86 in late trade.

The worst performers of the session were GMK Norilskiy Nikel PAO (MCX:) which fell 4.89% or 5.80 points to trade at 113.10 at the close. FGK Rusgidro PAO (MCX:) fell 4.64% or 0.03 points to close at 0.55 and Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:) fell 4.46% or 2.04 points to close at 43.66.

Declining stocks outnumbered advancing ones on the Moscow Exchange by 225 to 26, with two stocks remaining unchanged.

GMK Norilskiy Nikel PAO (MCX:) shares fell to a 5-year low, losing 4.89%, or 5.80, to 113.10. FGK Rusgidro PAO (MCX:) shares fell to a 3-year low, losing 4.64%, or 0.03, to 0.55. Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:) shares fell to a 52-week low, losing 4.46%, or 2.04, to 43.66.

The MOEX Russia Index, which measures the implied volatility of MOEX Russia options, fell 0.18% to 38.50, a new 52-week high.

Gold futures for December delivery rose 1.27%, or $32.00, to $2,548.70 an ounce. In other trading, October crude oil futures rose 2.67%, or $1.95, to $74.96 a barrel, while October Brent crude futures rose 2.41%, or $1.86, to trade at $79.08 a barrel.

The USD/RUB pair rose 0.02% to 91.50, while the EUR/RUB pair rose 0.73% to 102.41.

The US dollar index fell 0.82% to 100.57.

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