Investing.com – Russia equities were lower at the close on Monday, as losses in the Power, Manufacturing and Telecoms sectors propelled shares lower.
At the close in Moscow, the MICEX declined 1.75%.
The biggest gainers of the session on the MICEX were Polyus Gold International Ltd (MCX:PGIL), which rose 3.17% or 6.80 points to trade at 221.50 at the close. Uralkaliy (MCX:URKA) added 3.17% or 6.25 points to end at 203.50 and AK Transneft OAO Pref (MCX:TRNF_p) was up 2.23% or 3600 points to 165200 in late trade.
Biggest losers included SG mechel (MCX:MTLR), which lost 5.10% or 2.75 points to trade at 51.20 in late trade. Rosseti ao (MCX:RSTI) declined 5.03% or 0.0225 points to end at 0.4250 and GidroOGK-011D (MCX:HYDR) shed 4.82% or 0.0251 points to 0.4955.
Declining stocks outnumbered rising ones by 182 to 38 and 4 ended unchanged on the Moscow Stock Exchange.
The Russian VIX, which measures the implied volatility of MICEX options, was down 2.62% to 46.490 a new 3-month high.
In commodities trading, Gold for December delivery was down 0.34% or 4.00 to $1155.60 a troy ounce. Meanwhile, Crude oil for delivery in October fell 3.51% or 1.42 to hit $39.03 a barrel, while the October Brent oil contract fell 3.88% or 1.76 to trade at $43.70 a barrel.
USD/RUB was up 1.44% to 70.145, while EUR/RUB rose 3.06% to 81.053.
The US Dollar Index was down 1.25% at 93.66.