Russian stocks closed higher on Saturday, driven by gains in the Oil & Gas, Power, and Telecom sectors. The MOEX Russia Index rose 2.10% to end the session on a strong note.
Top performers included NOVATEK PJSC (MCX:NVTK), which surged 5.25% to 1,314.60, IPJSC YANDEX (MCX:YDEX) up 1.83% to 4,371.50, and Gazprom PJSC (MCX:GAZP) gaining 1.68% to close at 152.76. Meanwhile, Unipro PJSC (MCX:UPRO) slipped 0.63% to 1.89, AFK Sistema PJSC (MCX:AFKS) declined 0.51% to 16.08, and Moskovskaya Birzha PJSC (MCX:MOEX) fell 0.41% to 207.16.
Market breadth was positive, with 69 stocks advancing, 26 declining, and 3 remaining unchanged on the Moscow Exchange. The Russian Volatility Index (RVI), which tracks market sentiment, dropped 2.21% to 53.44, indicating easing investor concerns.
In commodities, Gold Futures for June delivery fell 1.50% to $3,298.40 a troy ounce. However, oil prices edged higher, with June Crude oil futures rising 0.37% to $63.02 per barrel and June Brent oil gaining 0.48% to $66.87.
Currency markets also reflected broader optimism. The USD/RUB pair fell 0.69% to 82.62, and the EUR/RUB slid 0.91% to 93.89. Meanwhile, the US Dollar Index Futures ticked up 0.09% to 99.25.
Russia’s stock market continues to show resilience amid global commodity movements, with energy and tech stocks leading the charge.


U.S. Jobs Market Eyes March Recovery Amid Inflation Pressures
Gold Prices Rise Amid Geopolitical Tensions and Safe Haven Demand
Australia's Energy Crisis: Free Public Transport as Fuel Shortages Bite
U.S. Treasury Eyes Private Credit Oversight Through Insurance Regulator Talks
Asian Stocks Rebound as Trump Delays Iran Strike Deadline
Asian Currencies Hold Steady Amid U.S.-Israel-Iran Tensions and BOJ Signals
Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears
Aluminum Prices Surge Toward Four-Year Highs After Gulf Smelter Strikes
Oil Prices Surge Past $100 as U.S.-Iran Peace Hopes Collapse
Middle East Conflict Drives Dollar Surge as Yen Hits Critical Threshold
Brazil Meat Exports Weather Iran War Disruptions With Rerouted Shipments
Bessent: Global Oil Market Well Supplied as U.S. Eyes Hormuz Navigation Control
Google's TurboQuant Sends South Korean Chip Stocks Tumbling Amid AI Memory Demand Fears
South Korea March Exports Expected to Surge to Near Five-Year High Amid AI-Driven Chip Demand 



