2 months ago
Stock Market

Russia stocks higher at close of trade; MOEX Russia up 1.02%

Investing.com – Russia stocks were higher after the close on Wednesday, as gains in the Mining, Power and Telecoms sectors

Investing.com – Russia stocks were higher after the close on Wednesday, as gains in the Mining, Power and Telecoms sectors led shares higher.

At the close in Moscow, the MOEX Russia added 1.02% to hit a new 1-month high.

The best performers of the session on the MOEX Russia were MMK (MCX:MAGN), which rose 3.81% or 1.645 points to trade at 44.800 at the close. Meanwhile, Sberbank Rossii PAO (MCX:SBER) added 3.01% or 5.76 points to end at 197.00 and ALROSA ao (MCX:ALRS) was up 2.79% or 2.750 points to 101.400 in late trade.

The worst performers of the session were X5 Retail Group NV (MCX:FIVEDR), which fell 1.65% or 30.0 points to trade at 1792.0 at the close. United Company Rusal Plc (MCX:RUAL) declined 1.51% or 0.450 points to end at 29.395 and AK Transneft OAO Pref (MCX:TRNF_p) was down 1.15% or 1950 points to 167850.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 145 to 70 and 15 ended unchanged.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was down 2.98% to 25.040.

Gold Futures for February delivery was up 0.39% or 5.05 to $1290.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 4.30% or 2.14 to hit $51.92 a barrel, while the March Brent oil contract rose 3.68% or 2.16 to trade at $60.88 a barrel.

USD/RUB was down 0.15% to 66.7991, while EUR/RUB rose 0.57% to 76.9877.

The US Dollar Index Futures was down 0.57% at 94.930.