Russia shares higher at close of trade; MICEX up 1.51%

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

At the close in Moscow, the MICEX rose 1.51%.

The biggest gainers of the session on the MICEX were Tatneft-3 (MCX: TATN ), which rose 4.97% or 17.50 points to trade at 369.85 at the close. Yandex NV (MCX: YNDX ) added 4.76% or 59.00 points to end at 1298.00 and Severstal - ao (MCX: CHMF ) was up 3.99% or 33.00 points to 860.00 in late trade.

Biggest losers included AFK Sistema (MCX: AFKS ), which lost 0.66% or 0.150 points to trade at 22.750 in late trade. PIK (MCX: PIKK ) declined 0.56% or 1.60 points to end at 283.00 and Uralkaliy (MCX: URKA ) shed 0.50% or 0.80 points to 160.10.

Advancing stocks outnumbered falling ones by 134 to 83 and 20 ended unchanged on the Moscow Stock Exchange.

The Russian VIX , which measures the implied volatility of MICEX options, was down 0.59% to 23.480.

In commodities trading, Gold Futures for June delivery was down 0.74% or 9.25 to $1249.15 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.39% or 0.20 to hit $51.23 a barrel, while the June Brent oil contract rose 0.52% or 0.28 to trade at $54.45 a barrel.

USD/RUB was up 0.29% to 56.2425, while EUR/RUB rose 0.10% to 59.906.

The US Dollar Index Futures was up 0.15% at 100.57.