Russian equities closed higher on Friday, supported by strength in the metals and mining, electric utilities, and telecommunications sectors. The MOEX Russia Index gained 0.50% by the close in Moscow.
Among the top performers, PIK added 2.68% to finish at 659.70. Diamond producer ALROSA rose 2.51% to 48.27, while gold miner Polyus advanced 2.17% to 2,194.00.
On the losing side, Tatneft preferred shares slipped 1.04% to 636.50, while Tatneft’s ordinary shares fell 0.91% to 675.00. Aluminum giant Rusal declined 0.59% to 33.49.
Market breadth was positive, with 179 stocks rising, 61 falling, and 11 unchanged on the Moscow Exchange. The Russian Volatility Index, which tracks expected market swings, eased 0.84% to 32.88.
In commodities, December gold futures gained 1.02% to $3,416.25 an ounce. Crude oil for October delivery edged up 0.36% to $63.75 a barrel, while Brent for October rose 0.18% to $67.79.
In currency markets, the ruble weakened against major peers. The dollar rose 0.43% to 80.91 rubles, while the euro climbed 1.03% to 94.46 rubles. Meanwhile, the U.S. Dollar Index slipped 0.92% to 97.60.