Russia Stocks Close Flat as MOEX Hits 1-Month High

Russian equities ended Saturday’s session flat, with the MOEX Russia Index holding steady and touching a fresh one-month high despite muted market activity. Investors saw little movement across major sectors, as several key stocks closed unchanged.

AFK Sistema PJSC, Aeroflot PJSC, and ROSSETI PJSC were among the session’s most notable performers—though all three recorded no gains or losses. AFK Sistema traded at 13.79, Aeroflot remained at 57.35, and ROSSETI ended at 0.07. With no significant changes in price, these companies were simultaneously listed among both the best and worst performers, highlighting the overall lack of volatility in the Russian market. The Moscow Stock Exchange also reported that declining and advancing stocks were perfectly balanced, signaling a day of complete market stagnation.

The Russian Volatility Index (RVI) mirrored this trend, staying unchanged at 30.72 and marking a new one-month low. Low volatility levels often indicate cautious investor sentiment and reduced risk appetite.

In commodities, gold futures for February delivery were flat at $4,243.00 per troy ounce. Oil markets showed slightly more activity, with January crude oil rising 0.69% to $60.08 per barrel and February Brent crude increasing 0.77% to $63.75. These modest gains offered some support to commodity-linked markets.

Currency movements showed the Russian ruble strengthening against major counterparts. USD/RUB slipped 0.92% to 76.50, while EUR/RUB dropped 0.93% to 89.07, reflecting improved demand for the ruble. Meanwhile, the US Dollar Index Futures edged up 0.02% to 98.97, signaling marginal global dollar strength.

Overall, the day reflected a calm trading environment, with Russia’s stock market maintaining stability even as global markets continued to monitor commodity prices and currency shifts.