Russia shares higher at close of trade; MICEX up 0.49%

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

At the close in Moscow, the MICEX added 0.49%.

The biggest gainers of the session on the MICEX were MosEnrg (MCX: MSNG ), which rose 4.88% or 0.1235 points to trade at 2.6535 at the close. NLMK ao (MCX: NLMK ) added 3.03% or 3.74 points to end at 127.00 and Rosseti ao (MCX: RSTI ) was up 2.60% or 0.0221 points to 0.8722 in late trade.

Biggest losers included Gruppa LSR PAO (MCX: LSRG ), which lost 2.17% or 17.0 points to trade at 765.0 in late trade. Trubnaya Metallurgicheskaya Kompaniya OAO (MCX: TRMK ) declined 1.92% or 1.50 points to end at 76.60 and NK Rosneft PAO (MCX: ROSN ) shed 1.32% or 4.15 points to 310.00.

Advancing stocks outnumbered falling ones by 140 to 72 and 14 ended unchanged on the Moscow Stock Exchange.

The Russian VIX , which measures the implied volatility of MICEX options, was down 0.86% to 19.530.

In commodities trading, Gold Futures for August delivery was down 0.32% or 4.03 to $1248.07 a troy ounce. Meanwhile, Crude oil for delivery in September rose 1.69% or 0.81 to hit $48.70 a barrel, while the September Brent oil contract rose 1.43% or 0.72 to trade at $50.92 a barrel.

USD/RUB was down 0.41% to 59.6438, while EUR/RUB fell 0.70% to 69.5940.

The US Dollar Index Futures was up 0.12% at 94.03.