Russia shares higher at close of trade; MICEX up 0.16%

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Russia shares higher at close of trade; MICEX up 0.16%
Credit: © Reuters.

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

At the close in Moscow, the MICEX gained 0.16%.

The biggest gainers of the session on the MICEX were Magnit (MCX: MGNT ), which rose 3.59% or 312.0 points to trade at 9012.0 at the close. Inter rao ees (MCX: IRAO ) added 3.02% or 0.0740 points to end at 2.5240 and Polymetal International PLC (MCX: POLY ) was up 2.68% or 23.00 points to 881.50 in late trade.

Biggest losers included MVideo (MCX: MVID ), which lost 7.68% or 25.10 points to trade at 301.70 in late trade. Uralkaliy (MCX: URKA ) declined 2.05% or 3.65 points to end at 174.80 and AK Transneft OAO Pref (MCX: TRNF_p ) shed 1.71% or 2900 points to 166500.

Declining stocks outnumbered rising ones by 114 to 95 and 36 ended unchanged on the Moscow Stock Exchange.

The Russian VIX , which measures the implied volatility of MICEX options, was down 1.40% to 33.700.

In commodities trading, Gold for August delivery was down 0.58% or 7.65 to $1319.25 a troy ounce. Meanwhile, Crude oil for delivery in August fell 2.21% or 1.10 to hit $48.78 a barrel, while the September Brent oil contract fell 2.32% or 1.19 to trade at $50.13 a barrel.

USD/RUB was up 0.18% to 63.9350, while EUR/RUB fell 0.20% to 70.741.

The US Dollar Index was up 0.55% at 96.22.

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