Russian stocks closed flat on Saturday, reflecting a quiet session on the Moscow Exchange as market activity remained muted across key sectors. At the close in Moscow, the MOEX Russia Index finished unchanged at 0.00%, highlighting a lack of clear direction among investors amid stable domestic and global signals.
Among the notable performers on the MOEX Russia Index, AFK Sistema PJSC traded flat, ending the session unchanged at 12.94. Aeroflot PJSC also closed without movement, finishing at 57.25, while ROSSETI PJSC remained steady at 0.08 in late trading. Interestingly, the same stocks appeared among both the best and worst performers of the day, underlining the overall stagnation and low volatility that characterized the session.
Market breadth further emphasized the lack of momentum, as falling stocks did not outnumber advancing ones, with a neutral ratio of 0 to 0 recorded on the Moscow Stock Exchange. Investor caution was also reflected in volatility indicators, with the Russian Volatility Index (RVI), which tracks implied volatility of MOEX Russia Index options, remaining unchanged at 23.74. This level marked a new 52-week low, suggesting subdued expectations for near-term market swings.
In contrast to the flat equity market, commodities posted solid gains. Gold futures for February delivery climbed 0.90%, rising by 40.20 to settle at $4,500.90 per troy ounce, supported by ongoing demand for safe-haven assets. Oil prices also moved higher, with February crude oil futures advancing 2.35% to $59.12 per barrel. Meanwhile, March Brent crude gained 2.18%, ending the session at $63.34 per barrel, reflecting optimism around energy demand.
In currency markets, the Russian ruble strengthened against major peers. The USD/RUB pair fell 1.39% to 79.00, while EUR/RUB declined 1.57% to 91.94. The US Dollar Index Futures edged higher by 0.20% to 98.89, indicating modest dollar strength globally despite losses against the ruble.
Overall, the Russian stock market’s flat close contrasted with active moves in commodities and currencies, painting a picture of cautious equity investors amid shifting global market dynamics.


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