Investing.com – Russia equities were lower at the close on Wednesday, as losses in the Manufacturing, Power and Mining sectors propelled shares lower.
At the close in Moscow, the MICEX declined 1.19% to hit a new 3-month low.
The biggest gainers of the session on the MICEX were MMK (MCX:MAGN), which rose 3.90% or 0.640 points to trade at 17.040 at the close. Aeroflot (MCX:AFLT) added 3.23% or 1.19 points to end at 38.00 and Yandex NV (MCX:YNDX) was up 3.05% or 25.00 points to 845.00 in late trade.
Biggest losers included RDR United Company RUSAL PLC (MCX:RUALR), which lost 6.95% or 18.00 points to trade at 241.00 in late trade. SG mechel (MCX:MTLR) declined 6.43% or 4.34 points to end at 63.16 and Tatneft-3 (MCX:TATN) shed 5.14% or 15.25 points to 281.70.
Declining stocks outnumbered rising ones by 147 to 49 and 10 ended unchanged on the Moscow Stock Exchange.
The Russian VIX, which measures the implied volatility of MICEX options, was down 0.15% to 40.190 a new 1-month high.
In commodities trading, Gold for August delivery was up 0.74% or 8.50 to $1161.10 a troy ounce. Meanwhile, Crude oil for delivery in August fell 1.80% or 0.94 to hit $51.39 a barrel, while the August Brent oil contract fell 0.59% or 0.34 to trade at $56.52 a barrel.
USD/RUB was up 1.33% to 57.426, while EUR/RUB rose 1.37% to 63.485.
The US Dollar Index was down 0.34% at 96.56.