2 months ago
Stock Market

Russia stocks higher at close of trade; MOEX Russia up 0.54%

Investing.com – Russia stocks were higher after the close on Thursday, as gains in the Power, Telecoms and Oil&Gas sectors

Investing.com – Russia stocks were higher after the close on Thursday, as gains in the Power, Telecoms and Oil&Gas sectors led shares higher.

At the close in Moscow, the MOEX Russia rose 0.54% to hit a new 3-months high.

The best performers of the session on the MOEX Russia were Magnit (MCX:MGNT), which rose 4.66% or 185.0 points to trade at 4155.0 at the close. Meanwhile, Rosseti ao (MCX:RSTI) added 4.32% or 0.0365 points to end at 0.8813 and United Company Rusal Plc (MCX:RUAL) was up 3.28% or 0.975 points to 30.670 in late trade.

The worst performers of the session were ALROSA ao (MCX:ALRS), which fell 2.28% or 2.380 points to trade at 102.220 at the close. X5 Retail Group NV (MCX:FIVEDR) declined 2.13% or 37.5 points to end at 1721.5 and PIK (MCX:PIKK) was down 1.32% or 4.80 points to 358.20.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 107 to 103 and 20 ended unchanged.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was down 3.49% to 23.790.

Gold Futures for February delivery was down 0.19% or 2.45 to $1291.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.19% or 0.62 to hit $51.69 a barrel, while the March Brent oil contract fell 0.68% or 0.42 to trade at $60.90 a barrel.

USD/RUB was up 0.12% to 66.4523, while EUR/RUB rose 0.03% to 75.6403.

The US Dollar Index Futures was up 0.11% at 95.778.