Russian stocks fell sharply on Saturday, with the MOEX Russia Index dropping 1.89% to a one-month low, driven by declines in the Telecoms, Oil & Gas, and Power sectors. Market sentiment turned bearish as most major stocks ended in negative territory.
Among the least-affected stocks, Transneft PJSC Pref (MCX:TRNF_p) edged down 0.43% to close at 1,196.00. TATNEFT (MCX:TATN) lost 1.57% to finish at 676.80, while Polyus PJSC (MCX:PLZL) slipped 0.51% to 1,870.40.
However, significant losses were recorded by Gazprom PJSC (MCX:GAZP), down 0.99% to 143.99, and e-commerce giant ADS Ozon Holdings (MCX:OZONDR), which plunged 5.94% to 3,538.50. Aeroflot PJSC (MCX:AFLT) also declined 1.13%, ending the session at 66.45.
Market breadth was overwhelmingly negative, with 72 stocks declining versus just 7 advancing on the Moscow Exchange. The Russian Volatility Index (RVI), a gauge of market uncertainty, surged 9.17% to 45.59, signaling rising investor anxiety.
In commodities, Gold Futures for June rose 1.16% to $3,126.80 per troy ounce, reflecting increased demand for safe-haven assets. Crude oil for May delivery fell 0.80% to $69.36 per barrel, while June Brent dropped 0.79% to $72.76.
On the currency front, the Russian ruble weakened against major currencies. USD/RUB climbed 0.53% to 84.95, and EUR/RUB increased 0.77% to 91.97. Meanwhile, the US Dollar Index Futures slipped 0.27% to 103.71.
Investors remain cautious amid market volatility and currency pressure, as global and domestic factors continue to weigh on Russian equities.


Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Australia’s December Trade Surplus Expands but Falls Short of Expectations
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 



