Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Japan Weighs New Tax Breaks to Boost Corporate Investment Amid Spending Debate 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
ASX Shares Slide After ASIC Imposes A$150 Million Capital Requirement 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Russia’s stock market closed flat on Saturday, with the MOEX Russia Index ending the session unchanged at 0.00%. Despite subdued market activity, investors monitored movements in key sectors as well as shifts in currency and commodity prices.
Among the leading performers on the MOEX Russia Index, AFK Sistema PJSC (MCX:AFKS) remained unchanged at 12.84 rubles per share. Aeroflot PJSC (MCX:AFLT) also held steady at 51.52 rubles, while ROSSETI PJSC (MCX:FEES) closed at 0.06 rubles without any movement. Interestingly, these same companies also ranked among the session’s weakest performers due to a complete lack of price change, reflecting minimal market volatility. Market breadth data revealed that declining and advancing stocks were evenly matched, as none registered gains or losses during the trading session.
The Russian Volatility Index (RVI), which gauges implied volatility on MOEX options, remained flat at 39.29, signaling investor caution and a stable market sentiment.
In commodities, gold futures for December delivery slipped by 0.19%, losing $7.80 to settle at $4,137.80 per troy ounce. Crude oil prices edged lower, with U.S. crude for December down 0.47% to $61.50 per barrel, while Brent crude for the same month dipped 0.08% to $65.94.
Currency markets saw the ruble strengthen against major counterparts. The USD/RUB fell 1.86% to 79.75, and the EUR/RUB declined 1.80% to 92.72. Meanwhile, the U.S. Dollar Index Futures inched up 0.02% to 98.75, indicating a marginal recovery for the greenback.
Overall, the Russian market remained largely inactive, reflecting investor restraint amid global economic uncertainties and fluctuating energy prices.
