Russian stocks closed lower on Saturday, with the MOEX Russia Index dropping 0.98%, weighed down by declines in the mining, telecoms, and power sectors.
PhosAgro PJSC (MCX:PHOR) led the gainers, rising 0.85% to 6,633.00. TATNEFT (MCX:TATN) added 0.77% to close at 693.90, while LUKOIL PJSC (MCX:LKOH) climbed 0.73%, ending at 7,346.50.
On the downside, PIK SHb PJSC (MCX:PIKK) was the session’s worst performer, falling 5.80% to 590.00. AFK Sistema PJSC (MCX:AFKS) dropped 3.25% to 18.74, and VK Company Ltd (MCX:VKCO) lost 2.35%, closing at 294.40.
Market sentiment remained cautious, with declining stocks outnumbering gainers. The Russian Volatility Index (RVI), which gauges implied volatility on MOEX Russia Index options, fell sharply by 11.03% to 42.04, indicating reduced investor uncertainty despite the market downturn.
In commodities, April gold futures slipped 0.74% to $3,021.40 per troy ounce. Crude oil for May delivery eased 0.26% to $67.89 a barrel. However, Brent oil for May edged up 0.22% to $72.16.
On the currency front, the ruble strengthened against major currencies. USD/RUB fell 0.50% to 84.50, while EUR/RUB declined 0.84% to 91.37. Meanwhile, the US Dollar Index Futures gained 0.24%, reaching 103.74.
With geopolitical factors and commodity prices continuing to influence market trends, investors remain vigilant. The decline in MOEX reflects broader caution across global markets, especially amid shifting energy and currency dynamics.


Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Thailand Inflation Remains Negative for 10th Straight Month in January
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 



