Russia shares lower at close of trade; MICEX down 0.38%

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

At the close in Moscow, the MICEX lost 0.38%.

The biggest gainers of the session on the MICEX were NLMK ao (MCX: NLMK ), which rose 3.41% or 3.65 points to trade at 110.65 at the close. MosEnrg (MCX: MSNG ) added 2.64% or 0.0580 points to end at 2.2530 and MMK (MCX: MAGN ) was up 2.13% or 0.670 points to 32.080 in late trade.

Biggest losers included AFK Sistema (MCX: AFKS ), which lost 7.14% or 1.000 points to trade at 13.000 in late trade. Uralkaliy (MCX: URKA ) declined 3.31% or 4.25 points to end at 124.05 and Polymetal International PLC (MCX: POLY ) shed 2.84% or 20.00 points to 685.00.

Declining stocks outnumbered rising ones by 115 to 99 and 17 ended unchanged on the Moscow Stock Exchange.

The Russian VIX , which measures the implied volatility of MICEX options, was down 2.04% to 22.100.

In commodities trading, Gold Futures for August delivery was down 0.92% or 11.60 to $1244.80 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.77% or 0.33 to hit $43.34 a barrel, while the September Brent oil contract rose 0.55% or 0.25 to trade at $46.00 a barrel.

USD/RUB was down 0.72% to 58.9685, while EUR/RUB fell 0.45% to 66.3550.

The US Dollar Index Futures was up 0.08% at 97.06.