Russia stocks lower at close of trade; MOEX Russia Index down 0.59%

Russian stocks ended the trading session lower on Monday, with the MOEX Russia Index declining by 0.59% as investors reacted to mixed economic signals and ongoing geopolitical tensions. The benchmark index closed at 2,845.32 points, reflecting cautious sentiment among market participants amid uncertainty about global commodity prices and the impact of Western sanctions on the Russian economy. Trading volume was moderate at 25.6 billion rubles, with energy sector stocks leading the downward trend following fluctuations in international oil prices. Analysts noted that while the market showed resilience compared to previous sessions, persistent concerns about inflation and potential monetary policy adjustments kept investor sentiment subdued. The broader market saw 58 stocks decline while 34 advanced, indicating a bearish bias across most sectors except for consumer goods, which showed modest gains.