Russian equities retreated on Thursday, with the MOEX Russia Index sliding 2.34% to close at 3,390.86 as heavyweight mining, power and oil & gas shares weighed on sentiment.
Declining issues outnumbered advancers by a wide margin of 194 to 49, while 11 stocks were unchanged at the close in Moscow. The Russian Volatility Index, which tracks implied volatility for MOEX Russia Index options, climbed 4.04% to 46.66.
Among individual movers, PIK SHb PJSC led gainers with a 0.59% rise to 594.60, while Rosneft PJSC added 0.05% to end at 315.50. TATNEFT n.a. V.D. Shashin Pref fell 0.55% to 510.40 in late trade.
The sharpest declines were seen in Moskovskiy Kreditnyi Bank PAO, which slumped 10.59% to 11.46, United Company Rusal IPJSC, down 5.60% to 25.65, and Severstal PJSC, which fell 5.21% to 611.40.
The ruble held steady against major currencies, with USD/RUB and EUR/RUB flat at 83.76 and 97.82, respectively. U.S. Dollar Index futures edged up 0.05% to 98.79.
Commodities showed mixed performance, with December gold futures rising 0.66% to $4,575.15 per troy ounce and October WTI crude gaining 2.16% to $86.21 per barrel. Brent crude for October delivery slipped 0.02% to $93.19 per barrel.
