Russia shares higher at close of trade; MICEX up 1.38%

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

At the close in Moscow, the MICEX gained 1.38%.

The biggest gainers of the session on the MICEX were Yandex NV (MCX: YNDX ), which rose 7.80% or 99.00 points to trade at 1367.50 at the close. Sberbank Rossii OAO Pref (MCX: SBER_p ) added 4.03% or 4.47 points to end at 115.51 and Rosseti ao (MCX: RSTI ) was up 3.73% or 0.0329 points to 0.9149 in late trade.

Biggest losers included Megion (MCX: MFGS ), which lost 1.67% or 10.0 points to trade at 590.0 in late trade. NOVATEK (MCX: NVTK ) declined 0.88% or 6.00 points to end at 679.00 and Uralkaliy (MCX: URKA ) shed 0.34% or 0.55 points to 159.50.

Advancing stocks outnumbered falling ones by 159 to 53 and 21 ended unchanged on the Moscow Stock Exchange.

The Russian VIX , which measures the implied volatility of MICEX options, was up 0.37% to 24.600.

In commodities trading, Gold Futures for June delivery was up 0.12% or 1.50 to $1290.00 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.83% or 0.44 to hit $52.74 a barrel, while the June Brent oil contract fell 0.68% or 0.38 to trade at $55.51 a barrel.

USD/RUB was down 0.75% to 55.9378, while EUR/RUB fell 0.32% to 59.593.

The US Dollar Index Futures was down 0.45% at 100.04.