Russia shares higher at close of trade; MICEX up 1.12%

Investing.com – Russia equities were higher at the close on Friday, as gains in the Oil & Gas , Telecoms and Power sectors propelled shares higher.

At the close in Moscow, the MICEX rose 1.12% to hit a new 3-month high.

The biggest gainers of the session on the MICEX were GidroOGK-011D (MCX: HYDR ), which rose 2.98% or 0.0239 points to trade at 0.8249 at the close. NK Rosneft PAO (MCX: ROSN ) added 2.92% or 8.95 points to end at 314.95 and Surgut (MCX: SNGS ) was up 2.76% or 0.745 points to 27.770 in late trade.

Biggest losers included MosEnrg (MCX: MSNG ), which lost 5.21% or 0.1660 points to trade at 3.0200 in late trade. Moskovskaya Birzha OAO (MCX: MOEX ) declined 1.51% or 1.71 points to end at 111.69 and MegaFon OAO (MCX: MFON ) shed 0.89% or 5.20 points to 577.70.

Advancing stocks outnumbered falling ones by 129 to 87 and 18 ended unchanged on the Moscow Stock Exchange.

The Russian VIX , which measures the implied volatility of MICEX options, was up 1.52% to 19.340.

In commodities trading, Gold Futures for December delivery was up 0.11% or 1.50 to $1351.80 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.98% or 0.97 to hit $48.12 a barrel, while the November Brent oil contract fell 0.68% or 0.37 to trade at $54.12 a barrel.

USD/RUB was up 0.64% to 57.2623, while EUR/RUB rose 0.77% to 68.9400.

The US Dollar Index Futures was down 0.24% at 91.27.