Russia shares lower at close of trade; MICEX down 0.41%

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

At the close in Moscow, the MICEX declined 0.41% to hit a new 6-month low.

The biggest gainers of the session on the MICEX were Polymetal International PLC (MCX: POLY ), which rose 3.34% or 24.00 points to trade at 743.50 at the close. NOVATEK (MCX: NVTK ) added 1.48% or 9.00 points to end at 618.00 and GidroOGK-011D (MCX: HYDR ) was up 1.33% or 0.0109 points to 0.8309 in late trade.

Biggest losers included AFK Sistema (MCX: AFKS ), which lost 7.45% or 1.055 points to trade at 13.105 in late trade. Tatneft-3 (MCX: TATN ) declined 3.43% or 12.90 points to end at 363.40 and MosEnrg (MCX: MSNG ) shed 2.82% or 0.0670 points to 2.3130.

Declining stocks outnumbered rising ones by 109 to 95 and 24 ended unchanged on the Moscow Stock Exchange.

The Russian VIX , which measures the implied volatility of MICEX options, was down 1.83% to 25.160 a new 1-month high.

In commodities trading, Gold Futures for August delivery was up 1.01% or 12.92 to $1295.62 a troy ounce. Meanwhile, Crude oil for delivery in July rose 1.08% or 0.51 to hit $47.91 a barrel, while the August Brent oil contract rose 0.67% or 0.33 to trade at $49.80 a barrel.

USD/RUB was down 0.19% to 56.5034, while EUR/RUB rose 0.17% to 63.8220.

The US Dollar Index Futures was down 0.21% at 96.57.