Russian stocks closed flat on Saturday, with the MOEX Russia Index ending unchanged at 0.00%. Trading was mixed, but energy and airline stocks showed moderate strength.
Federal Hydro Generating Company RusHydro PJSC (MCX:HYDR) led gains, climbing 1.68% to close at 0.47. Aluminum giant OK Rusal MKPAO (MCX:RUAL) rose 1.19% to 31.01, while Aeroflot PJSC (MCX:AFLT) added 0.99% to finish at 65.19.
On the downside, retailer Magnit PJSC (MCX:MGNT) dipped 0.09% to 3,894.00. ADS Ozon Holdings PLC (MCX:OZONDR) and GDR ROS AGRO PLC (MCX:AGRODR) remained unchanged at 3,855.00 and 1,083.80 respectively. Notably, ROS AGRO held steady near its 52-week low.
Market breadth was overwhelmingly positive, with 98 stocks advancing, 8 declining, and 3 remaining unchanged on the Moscow Exchange. The Russian Volatility Index (RVI), which reflects investor sentiment via options on the MOEX Russia Index, remained steady at 42.86.
In commodities, August Gold Futures slipped 0.84% to $3,346.60 per troy ounce, while July Crude Oil surged 1.91% to $64.58 a barrel. Brent Oil for August delivery gained 1.73%, trading at $66.47 a barrel, reflecting renewed demand optimism.
Currency markets saw the ruble weaken, with USD/RUB rising 2.07% to 78.85 and EUR/RUB up 1.63% to 89.85. Meanwhile, the U.S. Dollar Index advanced 0.45% to 99.14, reinforcing dollar strength across global forex markets.
The stable Russian equities performance, combined with gains in oil and a weaker ruble, paints a cautiously optimistic picture for commodity-linked stocks in the region.


Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution
South Korea Warns Weak Won Could Push Inflation Higher in 2025
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism
Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 



