Russian stocks edged higher on Saturday, driven by strength in the oil, gas, and power sectors. The MOEX Russia Index closed up 0.26%, signaling cautious optimism among investors despite mixed performance across key equities.
Bank VTB PJSC (MCX:VTBR) led the session’s gainers, inching up 0.02% to 83.30. GDR ROS AGRO PLC (MCX:AGRODR) remained flat at 1,083.80, while TATNEFT (MCX:TATN) slipped slightly by 0.09% to 693.40.
However, steelmakers weighed on the index. Magnitogorsk Iron & Steel Works (MCX:MAGN) saw the steepest loss, plunging 3.85% to 32.49. Severstal PJSC (MCX:CHMF) fell 3.73% to 1,022.40, and diamond giant ALROSA PJSC (MCX:ALRS) dropped 3.69% to 50.40.
Market breadth data was unavailable, indicating neutral sentiment across the broader exchange. Volatility remained stable, with the Russian Volatility Index (RVI) unchanged at 51.60.
In the commodities market, gold futures for June dipped 0.15% to $3,341.30 per troy ounce. Crude oil for May surged 3.54%, reaching $64.68 per barrel, while June Brent gained 3.20% to settle at $67.96, reflecting increased energy demand and geopolitical tensions.
Currency movements showed mixed trends. The USD/RUB pair declined 0.09% to 82.10, while EUR/RUB advanced 0.16% to 93.52. Meanwhile, the U.S. Dollar Index Futures saw minimal movement, down 0.01% at 99.13.
Despite weak performances from major metal stocks, gains in the energy sector helped lift the overall index. Investors continue to monitor global commodity prices and currency fluctuations as geopolitical developments unfold.


U.S. Sanctions Iran’s Strait of Hormuz Authority as Global Oil Markets Face Turmoil
Mega IPOs Like SpaceX and OpenAI Could Reshape S&P 500 and Nasdaq 100 Portfolios in 2026
New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices
S&P 500 Hits Record High as Tech Rally Slows Amid Iran Peace Uncertainty
Oil Prices Set for Sharp Weekly Losses as U.S.-Iran Ceasefire Hopes Ease Supply Concerns
Gold Prices Hold Near Record Levels as Inflation Concerns Offset Middle East Ceasefire Hopes
Nikkei Hits Record High as AI Chip Stocks Power Japan Market Rally
Oil Prices Jump After New U.S. Strikes on Iran Raise Supply Concerns
Wall Street Hits New Highs as U.S.-Iran Ceasefire Talks Boost Market Sentiment
European Stocks Rise as AI Optimism Offsets U.S.-Iran Tensions
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns
Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path
Dollar Gains Slightly as U.S.-Iran Tensions Keep Forex Markets on Edge
ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated
Canada and Germany Advance Major LNG Supply Partnership
Wall Street Reaches New Record Highs as AI Boom and Iran Ceasefire Hopes Boost Markets
Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar 



