Russia shares higher at close of trade; MOEX Russia up 0.23%

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Russia shares higher at close of trade; MOEX Russia up 0.23%

Investing.com – Russia equities were higher at the close on Wednesday, as gains in the Telecoms , Mining and Power sectors propelled shares higher.

At the close in Moscow, the MOEX Russia added 0.23%.

The biggest gainers of the session on the MOEX Russia were United Company Rusal Plc (MCX: RUAL ), which rose 9.82% or 1.940 points to trade at 21.700 at the close. SG mechel (MCX: MTLR ) added 3.35% or 2.75 points to end at 84.75 and Inter rao ees (MCX: IRAO ) was up 2.91% or 0.1100 points to 3.8900 in late trade.

Biggest losers included X5 Retail Group NV (MCX: FIVEDR ), which lost 2.48% or 37.5 points to trade at 1474.5 in late trade. Surgut-pref (MCX: SNGS_p ) declined 2.35% or 0.900 points to end at 37.450 and Lukoil (MCX: LKOH ) shed 1.78% or 84.0 points to 4622.5.

Advancing stocks outnumbered falling ones by 135 to 76 and 16 ended unchanged on the Moscow Stock Exchange.

The Russian VIX , which measures the implied volatility of MOEX Russia options, was up 2.89% to 28.850.

In commodities trading, Gold Futures for December delivery was up 0.63% or 7.60 to $1209.80 a troy ounce. Meanwhile, Crude oil for delivery in October rose 1.88% or 1.30 to hit $70.55 a barrel, while the November Brent oil contract rose 0.85% or 0.67 to trade at $79.73 a barrel.

USD/RUB was down 0.84% to 68.8407, while EUR/RUB fell 0.71% to 80.0148.

The US Dollar Index Futures was down 0.22% at 94.84.

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