Russia shares lower at close of trade; MICEX down 0.40%

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

At the close in Moscow, the MICEX lost 0.40% to hit a new 1-month low.

The biggest gainers of the session on the MICEX were GidroOGK-011D (MCX: HYDR ), which rose 7.70% or 0.0750 points to trade at 1.0490 at the close. FSK EES (MCX: FEES ) added 7.31% or 0.0149 points to end at 0.2183 and MosEnrg (MCX: MSNG ) was up 6.09% or 0.1700 points to 2.9600 in late trade.

Biggest losers included AK Transneft OAO Pref (MCX: TRNF_p ), which lost 4.32% or 9400 points to trade at 208100 in late trade. DIXY Group ao (MCX: DIXY ) declined 2.52% or 6.90 points to end at 267.00 and MMK (MCX: MAGN ) shed 2.16% or 0.750 points to 33.900.

Advancing stocks outnumbered falling ones by 117 to 106 and 17 ended unchanged on the Moscow Stock Exchange.

The Russian VIX , which measures the implied volatility of MICEX options, was down 2.89% to 24.530.

In commodities trading, Gold for February delivery was down 0.00% or 0.05 to $1212.85 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.88% or 0.46 to hit $52.02 a barrel, while the March Brent oil contract fell 0.69% or 0.38 to trade at $55.09 a barrel.

USD/RUB was down 0.27% to 59.2411, while EUR/RUB fell 0.55% to 63.286.

The US Dollar Index was up 0.49% at 100.75.