Russia shares lower at close of trade; MICEX down 0.69%

Investing.com – Russia equities were lower at the close on Wednesday, as losses in the Oil & Gas , Telecoms and Power sectors propelled shares lower.

At the close in Moscow, the MICEX declined 0.69%.

The biggest gainers of the session on the MICEX were Polymetal International PLC (MCX: POLY ), which rose 3.92% or 27.60 points to trade at 731.80 at the close. GidroOGK-011D (MCX: HYDR ) added 3.63% or 0.0281 points to end at 0.8012 and MosEnrg (MCX: MSNG ) was up 3.47% or 0.0910 points to 2.7100 in late trade.

Biggest losers included Unipro (MCX: UPRO ), which lost 2.99% or 0.0700 points to trade at 2.2700 in late trade. Tatneft-3 (MCX: TATN ) declined 2.77% or 11.10 points to end at 389.90 and Inter rao ees (MCX: IRAO ) shed 2.51% or 0.0975 points to 3.7915.

Declining stocks outnumbered rising ones by 118 to 102 and 14 ended unchanged on the Moscow Stock Exchange.

The Russian VIX , which measures the implied volatility of MICEX options, was up 7.18% to 22.090.

In commodities trading, Gold Futures for December delivery was up 1.20% or 15.20 to $1277.80 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.41% or 0.20 to hit $49.37 a barrel, while the October Brent oil contract rose 0.63% or 0.33 to trade at $52.47 a barrel.

USD/RUB was up 0.47% to 60.1050, while EUR/RUB rose 0.36% to 70.5490.

The US Dollar Index Futures was up 0.04% at 93.52.