Russia stocks lower at close of trade; MOEX Russia Index down 0.43% By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 24 2024
0mins
Source: Investing.com
Market Performance: Russian stocks declined, with the MOEX Russia Index falling 0.43% due to losses in Mining, Telecoms, and Oil & Gas sectors; Gazprom and PhosAgro were among the few gainers, while Moskovskiy Kreditnyi Bank saw a significant drop of 7.61%.
Commodity Prices and Currency Trends: Gold and crude oil prices increased slightly, with gold at $2,633.50 per ounce and crude oil at $70.16 per barrel; the Russian Ruble weakened against the US Dollar and Euro, trading at 99.98 and 104.00 respectively.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
