Investing.com – Russia equities were higher at the close on Wednesday, as gains in the Power, Telecoms and Oil & Gas sectors propelled shares higher.
At the close in Moscow, the MICEX added 0.78%.
The biggest gainers of the session on the MICEX were MMK (MCX:MAGN), which rose 4.60% or 1.180 points to trade at 26.820 at the close. Sberbank (MCX:SBER) added 3.54% or 4.37 points to end at 127.87 and FSK EES (MCX:FEES) was up 3.02% or 0.0036 points to 0.1230 in late trade.
Biggest losers included Ros Agro PLC (MCX:AGRO), which lost 3.16% or 28 points to trade at 859 in late trade. ALROSA ao (MCX:ALRS) declined 2.75% or 2.030 points to end at 71.750 and Polymetal International PLC (MCX:POLY) shed 1.78% or 14.00 points to 774.50.
Advancing stocks outnumbered falling ones by 113 to 102 and 18 ended unchanged on the Moscow Stock Exchange.
The Russian VIX, which measures the implied volatility of MICEX options, was down 1.17% to 34.730.
In commodities trading, Gold for June delivery was down 0.60% or 7.40 to $1221.80 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.68% or 0.33 to hit $48.95 a barrel, while the July Brent oil contract rose 1.09% or 0.53 to trade at $49.14 a barrel.
USD/RUB was down 0.43% to 65.8967, while EUR/RUB rose 0.06% to 73.511.
The US Dollar Index was down 0.12% at 95.48.