Russian stocks closed slightly lower on Saturday, with the MOEX Russia Index remaining flat at 0.00%, hitting a new six-month low amid weak market sentiment.
Despite the stagnant index, some individual stocks showed resilience. Aluminum giant OK Rusal MKPAO (MCX:RUAL) rose 1.15% to 28.05, while steelmaker Magnitogorskiy Metallurgicheskiy Kombinat (MCX:MAGN) added 1.05%, closing at 31.68. Fertilizer producer PhosAgro PJSC (MCX:PHOR) also gained 1.00%, ending at 5,881.00.
On the downside, Moskovskiy Kreditnyi Bank (MCX:CBOM) slipped 0.71% to 6.55. Mobile operator Mobil’nye Telesistemy PJSC (MCX:MTSS) declined 0.46% to 192.75, and gold miner Polyus PJSC (MCX:PLZL) fell 0.32% to 1,784.20.
Market breadth remained positive with 87 advancing stocks versus 49 decliners, while 8 closed unchanged. The Russian Volatility Index (RVI), which tracks expected volatility on MOEX options, remained steady at 31.83.
Commodity markets provided a mixed backdrop. Gold futures for August delivery climbed 1.15% to $3,364.00 per troy ounce, reflecting stronger safe-haven demand. Crude oil futures for August surged 2.82% to $68.45 per barrel, while Brent crude for September delivery advanced 2.51% to $70.36, signaling increased confidence in energy markets.
In currency trading, the Russian ruble weakened against major peers. The USD/RUB pair rose 0.53% to 77.96, while EUR/RUB climbed 0.44% to 91.14. Meanwhile, the US Dollar Index Futures edged higher by 0.22%, settling at 97.53.
While the MOEX Russia Index struggled, selective gains in commodities and individual equities highlighted mixed investor sentiment amid broader market uncertainty.


Oil Prices Set for Weekly Surge as U.S.-Iran Conflict Fuels Supply Fears
Oil Prices Climb as Trump Escalates Iran Pressure, Strait of Hormuz Risks Grow
ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain
Oil Prices Rise as U.S. Strikes on Iran Raise Strait of Hormuz Supply Fears
Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions
Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings
U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation
Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand
China Q2 2026 GDP Misses Forecast as Weak Domestic Demand Offsets Export Strength
Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia
Japan Core Inflation Seen Rising in June, Strengthening BOJ Rate Hike Outlook
Asian Stocks Slide as Nikkei Leads Losses on Tech Selloff and Rising U.S.-Iran Tensions
Dollar Slides as Softer US Inflation Dims Fed Rate Hike Expectations
US Stock Futures Fall as Netflix Outlook, Chip Selloff and Iran Tensions Weigh on Markets
US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List
China Home Prices Fall Again in June Despite Slower Pace of Decline 



