Russia shares higher at close of trade; MICEX up 1.06%

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

At the close in Moscow, the MICEX added 1.06%.

The biggest gainers of the session on the MICEX were Rosneft (MCX: ROSN ), which rose 5.71% or 19.50 points to trade at 361.00 at the close. Niznekamskneftekhim ao (MCX: NKNC ) added 5.28% or 3.800 points to end at 75.800 and Rosseti ao (MCX: RSTI ) was up 3.90% or 0.0340 points to 0.9050 in late trade.

Biggest losers included Uralkaliy (MCX: URKA ), which lost 4.33% or 7.55 points to trade at 166.80 in late trade. ALROSA ao (MCX: ALRS ) declined 2.92% or 2.750 points to end at 91.550 and Inter rao ees (MCX: IRAO ) shed 2.74% or 0.0920 points to 3.2680.

Advancing stocks outnumbered falling ones by 128 to 98 and 23 ended unchanged on the Moscow Stock Exchange.

The Russian VIX , which measures the implied volatility of MICEX options, was down 1.80% to 23.990.

In commodities trading, Gold for December delivery was up 0.71% or 8.85 to $1260.75 a troy ounce. Meanwhile, Crude oil for delivery in November rose 2.75% or 1.37 to hit $51.18 a barrel, while the December Brent oil contract rose 2.23% or 1.16 to trade at $53.09 a barrel.

USD/RUB was down 0.38% to 61.9694, while EUR/RUB fell 0.92% to 69.092.

The US Dollar Index was up 0.33% at 96.84.