MOEX Issues Year-End Update on Metallurgy and Mining Share Prices

Moscow Exchange Provides Latest Sector Overview

On December 30, 2025, the Moscow Exchange (MOEX) issued an update detailing the share price movements of metallurgy and mining enterprises in the Russian Federation. These regular updates are vital for investors and market analysts, offering a snapshot of the sector's performance on one of Russia's primary trading platforms. The MOEX, Russia's largest exchange holding company, operates a multi-functional trading platform for various instruments, including equities and precious metals.

Key Players and Market Performance

The metallurgy and mining sector on MOEX includes prominent Russian companies such as Alrosa, Magnitogorsk Iron and Steel Works, Mechel, NLMK, Nornickel, Polyus, Raspadskaya, RUSAL, Seligdar, Severstal, and VSMPO-AVISMA. Updates typically report on the individual share prices and their percentage change compared to the previous trading day's close. For instance, previous reports in December 2025 showed varying movements across these companies, with some experiencing slight gains and others minor declines.

MOEX's Role in Russian Financial Markets

The MOEX Russia Index (IMOEX), a capitalization-weighted composite index, tracks the performance of the 50 largest Russian companies listed on the Moscow Stock Exchange. The exchange also calculates sector-specific indices, including for Metals & Mining, which are capitalization-weighted and based on the prices of the most liquid shares. These indices are calculated in both Russian rubles and US dollars, providing a comprehensive view of market trends. MOEX provides detailed information with official closing prices, quotes, and trading volumes, available as end-of-day data or through daily updates.

Factors Influencing the Sector

The performance of metallurgy and mining shares on MOEX is influenced by a range of factors, including global commodity prices, domestic economic conditions, and geopolitical developments. Sanctions against Russia have impacted the outlook for major companies, and the devaluation of the Russian ruble has historically affected gold margins for Russian gold miners. Furthermore, international resource companies operating in Russia face challenges due to shifting political landscapes, sanctions regimes, and capital flight restrictions, which can alter investment returns and operational viability. The Central Bank of Russia's policies, such as interest rate adjustments, also play a role in influencing investment activity on the Russian stock market.

Significance of Year-End Reporting

As the year concludes, updates like the one provided by MOEX on December 30, 2025, are particularly significant. They offer a final assessment of the sector's annual performance, setting the stage for investor expectations and strategic planning for the upcoming year. The MOEX Russia Index figures are typically updated around this time, reflecting the overall market sentiment and performance as the calendar year ends.

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5 Comments

Avatar of Mariposa

Mariposa

Strong core companies like Nornickel and Polyus will always find a way. Buy the dip!

Avatar of Comandante

Comandante

It's good that MOEX offers transparency on these key companies, but the impact of ruble devaluation often negates any reported gains for international investors. The domestic market might see it differently, though.

Avatar of Bella Ciao

Bella Ciao

While the resilience of some metallurgy and mining firms is notable given the circumstances, the constant threat of new sanctions and shifting political landscapes makes any positive news tentative. It's a high-risk, high-reward scenario.

Avatar of Habibi

Habibi

Despite global challenges, Russian mining clearly shows resilience. Solid companies listed!

Avatar of Coccinella

Coccinella

Another year-end report glossing over deep-seated issues. Don't trust these figures.

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