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Russia shares higher at close of trade; MICEX up 1.41%

Published 28/08/2015, 17:45
© Reuters.  Russia shares higher at close of trade; MICEX up 1.41%

Investing.com – Russia equities were higher at the close on Friday, as gains in the Oil & Gas, Telecoms and Manufacturing sectors propelled shares higher.

At the close in Moscow, the MICEX rose 1.41% to hit a new 3-month high.

The biggest gainers of the session on the MICEX were Verhnesald MPO (MCX:VSMO), which rose 8.19% or 980.0 points to trade at 12940.0 at the close. DIXY Group ao (MCX:DIXY) added 5.70% or 17.00 points to end at 315.00 and SG mechel (MCX:MTLR) was up 5.06% or 3.10 points to 64.39 in late trade.

Biggest losers included Polyus Gold International Ltd (MCX:PGIL), which lost 4.98% or 10.00 points to trade at 191.00 in late trade. Uralkaliy (MCX:URKA) declined 1.63% or 3.35 points to end at 201.70 and AK Transneft OAO Pref (MCX:TRNF_p) shed 1.09% or 1700 points to 154000.

Advancing stocks outnumbered falling ones by 129 to 74 and 9 ended unchanged on the Moscow Stock Exchange.

The Russian VIX, which measures the implied volatility of MICEX options, was up 0.55% to 40.290.

In commodities trading, Gold for December delivery was up 0.90% or 10.10 to $1132.70 a troy ounce. Meanwhile, Crude oil for delivery in October rose 6.32% or 2.69 to hit $45.25 a barrel, while the October Brent oil contract rose 5.81% or 2.77 to trade at $50.33 a barrel.

USD/RUB was down 1.45% to 65.165, while EUR/RUB fell 2.22% to 72.742.

The US Dollar Index was up 0.55% at 96.27.

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