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Russia shares higher at close of trade; MICEX up 1.97%

Published 31/07/2015, 17:45
© Reuters.  Russia shares higher at close of trade; MICEX up 1.97%
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Investing.com – Russia equities were higher at the close on Friday, as gains in the Oil & Gas, Telecoms and Mining sectors propelled shares higher.

At the close in Moscow, the MICEX rose 1.97% to hit a new 1-month high.

The biggest gainers of the session on the MICEX were Tatneft-3 (MCX:TATN), which rose 6.14% or 17.45 points to trade at 301.85 at the close. ALROSA ao (MCX:ALRS) added 5.06% or 3.430 points to end at 71.200 and Lukoil (MCX:LKOH) was up 3.96% or 96.6 points to 2537.6 in late trade.

Biggest losers included Yandex NV (MCX:YNDX), which lost 1.78% or 16.00 points to trade at 882.00 in late trade. E.ON Russia (MCX:EONR) declined 0.99% or 0.0260 points to end at 2.5940 and AK Transneft OAO Pref (MCX:TRNF_p) shed 0.90% or 1250 points to 138100.

Advancing stocks outnumbered falling ones by 122 to 64 and 11 ended unchanged on the Moscow Stock Exchange.

The Russian VIX, which measures the implied volatility of MICEX options, was up 1.79% to 33.550.

In commodities trading, Gold for December delivery was up 0.60% or 6.50 to $1095.20 a troy ounce. Meanwhile, Crude oil for delivery in September fell 1.90% or 0.92 to hit $47.60 a barrel, while the September Brent oil contract fell 1.19% or 0.64 to trade at $52.67 a barrel.

USD/RUB was up 2.81% to 61.408, while EUR/RUB rose 3.55% to 67.701.

The US Dollar Index was down 0.59% at 97.04.

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