Russian stocks closed flat on Saturday, with the MOEX Russia Index finishing the session unchanged at a new one-month high. Despite the lack of movement in the broader index, investor sentiment remained cautious as major sectors showed no significant gains or losses.
Among the session’s top performers were AFK Sistema PJSC, Aeroflot PJSC, and ROSSETI PJSC, all of which ended the trading day unchanged. AFK Sistema held steady at 13.05, Aeroflot closed at 54.71, and ROSSETI maintained its price at 0.06. The same trio also appeared on the list of worst performers due to identical unchanged movements, reflecting the overall stagnant trading environment. With no stocks advancing or declining on the Moscow Exchange, the market exhibited unusually low volatility.
The Russian Volatility Index (RVI), which tracks expected volatility for MOEX Russia Index options, also remained flat at 35.82, reinforcing the day’s muted activity.
In the commodities market, gold continued its upward momentum. December Gold Futures rose 0.48% to $4,079.50 per troy ounce, supported by safe-haven demand. Crude oil prices, however, faced downward pressure. January crude oil futures dropped 2.02% to $57.81 per barrel, while Brent for January delivery declined 1.29% to $62.56 per barrel as global energy markets reacted to concerns over demand dynamics.
Currency movements also played a role in shaping investor sentiment. The USD/RUB pair fell 1.19% to 79.10, while the EUR/RUB slipped 1.32% to 91.06, reflecting a stronger ruble against major currencies. Meanwhile, the US Dollar Index Futures inched up 0.02% to 100.11.
Overall, the trading session highlighted a day of stability but minimal direction for Russian equities, with global commodity and currency shifts offering the only notable market drivers.


Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets
Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High
Japanese Yen Rebounds as Trump Flags Currency Weakness
Dollar Holds Near Two-Month High as Yen Approaches 160
Fed Unveils Stablecoin Rules Under GENIUS Act
Oil Prices Ease as Iran Tensions Clash With Diplomacy Hopes
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity
US Comfortable With Canada Trade Standoff as Import Bans Loom
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 



