Gold’s Price Surge Continues: Could We Be Entering a New Supercycle?
August 21, 2024Silver Prices Near One-Month High Amid Expectations of Fed Rate Cut
August 23, 2024The top performers on the MOEX Russia included Tatneft-3, which rose 2.83%, Tatneft OAO Pref, up 2.56%, and NK Lukoil PAO, which increased by 2.56% by the end of the trading session. On the other hand, VK Company Ltd DRC, Mobil’nye Telesistemy PAO, and Aeroflot were among the worst performers. In total, falling stocks outnumbered advancing ones on the Moscow Stock Exchange. Both VK Company Ltd DRC and Mobil’nye Telesistemy PAO fell to 52-week lows during the day. Meanwhile, the Russian VIX, which measures the implied volatility of MOEX Russia options, rose 0.49%. Gold Futures for December delivery saw a slight decrease, while Crude oil and Brent oil prices also experienced declines. The currency market saw USD/RUB down 0.01% and EUR/RUB up 0.03%. The US Dollar Index Futures dropped by 0.25%. AFLT, a perennial leader, may be facing new challenges as valuations soar in 2024. Uncertainty in the market has led investors to seek out high-potential opportunities and consider top performing portfolios like Investing.com’s ProPicks, which offer insights into high potential stocks. Unlocking ProPicks can reveal hidden gems in the market, potentially yielding significant returns in the future.