Russia shares lower at close of trade; MICEX down 0.58%

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

At the close in Moscow, the MICEX fell 0.58%.

The biggest gainers of the session on the MICEX were Akron (MCX: AKRN ), which rose 2.98% or 96.0 points to trade at 3320.0 at the close. MosEnrg (MCX: MSNG ) added 2.03% or 0.0505 points to end at 2.5355 and Tatneft OAO Pref (MCX: TATN_p ) was up 1.89% or 5.00 points to 270.00 in late trade.

Biggest losers included FSK EES (MCX: FEES ), which lost 4.58% or 0.0081 points to trade at 0.1688 in late trade. MiMES Rostelekom OAO Pref (MCX: RTKM_p ) declined 1.94% or 1.00 points to end at 50.60 and United Company Rusal Plc (MCX: RUAL ) shed 1.89% or 0.610 points to 31.590.

Declining stocks outnumbered rising ones by 119 to 88 and 20 ended unchanged on the Moscow Stock Exchange.

The Russian VIX , which measures the implied volatility of MICEX options, was down 1.25% to 20.490.

In commodities trading, Gold Futures for August delivery was up 0.60% or 7.43 to $1241.13 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.56% or 0.26 to hit $46.28 a barrel, while the September Brent oil contract rose 0.64% or 0.31 to trade at $48.73 a barrel.

USD/RUB was down 0.35% to 59.1499, while EUR/RUB rose 0.73% to 68.5060.

The US Dollar Index Futures was down 0.55% at 94.40.