Russian stocks closed lower on Saturday, with the MOEX Russia Index dropping 2.80%, weighed down by sharp declines in the Mining, Oil & Gas, and Telecom sectors.
Among the top gainers, PIK SHb PJSC (MCX:PIKK) rose 1.43% to 448.30, while Polyus PJSC (MCX:PLZL) added 1.03% to 1,719.40. ROSSETI PJSC (MCX:FEES) was flat but notched a slight gain of 0.94%, closing at 0.07.
On the downside, ADS Ozon Holdings PLC (MCX:OZONDR) plunged 5.59% to 3,540.00, making it the worst performer of the session. TATNEFT (MCX:TATN) slipped 0.03% to 698.70, and Bank VTB PJSC (MCX:VTBR) edged down 0.01% to 96.59.
Despite the losses, advancing stocks outnumbered decliners by a margin of 86 to 13 on the Moscow Stock Exchange. The Russian Volatility Index (RVI), a gauge of market uncertainty based on MOEX options, rose 0.72% to 47.52.
In commodities, June Gold Futures climbed 0.66% to $3,257.00 per troy ounce, signaling continued demand for safe-haven assets. However, oil prices declined, with June Crude Oil Futures falling 1.60% to $58.29 per barrel, and July Brent Crude dropping 1.35% to $61.29.
On the currency front, the ruble weakened against major peers. USD/RUB rose 0.91% to 82.75, and EUR/RUB gained 0.94% to 93.47. Meanwhile, the U.S. Dollar Index Futures dipped 0.21% to 99.84, reflecting modest greenback softness.
This decline in Russia’s benchmark index reflects broader investor caution amid commodity price shifts and currency volatility.


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