– Russia stocks were lower after the close on Tuesday, as losses in the Power , Telecoms and Mining sectors led shares lower.

At the close in Moscow, the MOEX Russia Index declined 2.57% to hit a new 52-week low.

The best performers of the session on the MOEX Russia Index were Moskovskiy Kreditnyi Bank PAO (MCX: CBOM ), which rose 0.58% or 0.04 points to trade at 7.13 at the close. Meanwhile, Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX: MAGN ) added 0.19% or 0.06 points to end at 32.01 and MMC NORILSK NICKEL PJSC (MCX: GMKN ) was up 0.13% or 0.10 points to 104.10 in late trade.

The worst performers of the session were PIK SHb PJSC (MCX: PIKK ), which fell 8.61% or 38.40 points to trade at 407.50 at the close. VK Company Ltd (MCX: VKCO ) declined 7.38% or 19.40 points to end at 243.60 and Magnit PJSC (MCX: MGNT ) was down 4.12% or 178.50 points to 4,151.50.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 238 to 16 and 2 ended unchanged.

Shares in PIK SHb PJSC (MCX: PIKK ) fell to 3-years lows; down 8.61% or 38.40 to 407.50. Shares in VK Company Ltd (MCX: VKCO ) fell to all time lows; down 7.38% or 19.40 to 243.60. Shares in Magnit PJSC (MCX: MGNT ) fell to 52-week lows; falling 4.12% or 178.50 to 4,151.50.

The Russian Volatility Index – RVI , which measures the implied volatility of MOEX Russia Index options, was up 4.76% to 64.76 a new 52-week high.

Gold Futures for February delivery was up 0.58% or 15.41 to $2,658.01 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.36% or 0.25 to hit $68.69 a barrel, while the February Brent oil contract fell 0.34% or 0.25 to trade at $72.23 a barrel.

USD/RUB was up 1.45% to 105.50, while EUR/RUB rose 1.39% to 110.66.

The US Dollar Index Futures was up 0.07% at 106.84.