Russia shares higher at close of trade; MICEX up 0.99%

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

At the close in Moscow, the MICEX gained 0.99%.

The biggest gainers of the session on the MICEX were ANK Bashneft OAO Pref (MCX: BANE_p ), which rose 5.18% or 99.0 points to trade at 2009.0 at the close. Polymetal International PLC (MCX: POLY ) added 3.82% or 34.50 points to end at 937.00 and Moskovskaya Birzha OAO (MCX: MOEX ) was up 3.45% or 3.97 points to 119.19 in late trade.

Biggest losers included FSK EES (MCX: FEES ), which lost 3.52% or 0.0055 points to trade at 0.1500 in late trade. MiMES Rostelekom OAO Pref (MCX: RTKM_p ) declined 1.71% or 1.15 points to end at 66.10 and Uralkaliy (MCX: URKA ) shed 1.48% or 2.70 points to 179.30.

Advancing stocks outnumbered falling ones by 128 to 85 and 20 ended unchanged on the Moscow Stock Exchange.

The Russian VIX , which measures the implied volatility of MICEX options, was down 1.96% to 31.530.

In commodities trading, Gold for August delivery was up 0.08% or 1.15 to $1359.55 a troy ounce. Meanwhile, Crude oil for delivery in August fell 1.21% or 0.55 to hit $44.86 a barrel, while the September Brent oil contract fell 1.15% or 0.54 to trade at $46.22 a barrel.

USD/RUB was up 0.16% to 64.0664, while EUR/RUB rose 0.68% to 70.794.

The US Dollar Index was up 0.35% at 96.65.