Asian Stocks Mixed as Korean Chipmakers Rally 
UK Food Inflation Forecast to Hit 6.4% by Mid-2027 
Iran Vows Tougher Response as U.S. Sanctions Squeeze Economy 
Hormuz Shipping Slows as Iran Threats Lift Oil Risks 
South Korea GDP Surges on Chip and AI Boom 
China Inflation Accelerates in August as CPI, PPI Rise 
Gold Prices Rise as Yen Rally Weakens Dollar 
UK House Prices Fall for First Time Since 2023 
Gold Prices Rebound as Dollar Weakens, Fed Decision Looms 
US Stock Futures Mixed as Strong Jobs Data Boosts Fed Rate Hike Bets 
Iraq Seeks 6 Million Bpd OPEC+ Oil Quota 
Oil Prices Rally as Brent Nears $100 on U.S.-Iran Escalation 
Hungary Industrial Output Beats Forecasts With 4.7% July Growth 
China Exports Surge 25% in August as Trade Surplus Hits $119 Billion 
Japan GDP Growth Beats Forecast, Boosting BOJ Rate Hike Bets 
ECB Set for September Rate Hike as Energy Prices Fuel Inflation 
Japan, U.S. Stay Aligned on Yen as Currency Surges 
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Russia’s stock market closed Saturday’s session on a steady note, with the MOEX Russia Index ending unchanged at 0.00%. Despite the flat finish, several major stocks showed notable movement, reflecting mixed sentiment across sectors.
PhosAgro PJSC emerged as the session’s top performer, gaining 0.38% to reach 6,595.00 rubles. The fertilizer producer’s steady climb highlights continued interest in commodity-linked equities. Close behind, NOVATEK PJSC advanced 0.31% to 1,170.00 rubles, supported by stable demand in the energy sector. The Moscow Exchange (MOEX) also saw a slight uptick of 0.31%, closing at 171.68 rubles as trading activity remained firm.
On the downside, Moskovskiy Kreditnyi Bank led the decliners with a 1.07% drop to 8.11 rubles. TATNEFT slipped 0.50% to 599.50 rubles, pressured by softer oil prices, while Rostelekom PJSC dipped 0.37% to 58.53 rubles.
Market breadth leaned positive, with 111 stocks advancing, 86 declining, and 34 finishing unchanged. The Russian Volatility Index (RVI) held steady at 37.67, signaling no major shifts in trader expectations.
In commodities, gold futures for February delivery rose 1.25% to $4,269.80 per troy ounce, reflecting stronger safe-haven demand. Crude oil for January delivery edged down 0.17% to $58.55 a barrel, while Brent for February dropped 0.78% to $62.38, extending pressure on energy-linked equities.
Currency markets also moved in favor of the ruble, with USD/RUB sliding 0.58% to 77.50 and EUR/RUB dropping 0.57% to 89.87. Meanwhile, the U.S. Dollar Index futures eased 0.11% to 99.41 amid broader dollar weakness.
Overall, Russia’s market wrapped up the day with balanced sentiment, minor gains in key sectors, and ongoing global commodity and currency fluctuations shaping investor outlook.
