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Russia shares higher at close of trade

Published 14/01/2015, 16:45
© Reuters.  Russia shares higher at close of trade
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Investing.com – Russia equities were higher at the close on Wednesday, as gains in the MICEX Oil and Gas, MICEX Telecom and MICEX Power sectors propelled shares higher.

At the close in Moscow, the RTSI rose 0.70%, while the MICEX index added 1.39%.

The biggest gainers of the session on the RTSI were Pharmstandard JSC (MCX:PHST), which rose 8.38% or 80.0 points to trade at 1035.0 at the close. ALROSA ao (MCX:ALRS) added 7.98% or 5.300 points to end at 71.700 and Moskovskaya Birzha OAO (MCX:MOEX) was up 4.63% or 2.71 points to 61.22 in late trade.

Biggest losers included MMC Norilsk Nickel (MCX:GMKN), which lost 4.24% or 425.0 points to trade at 9600.0 in late trade. LSR (MCX:LSRG) declined 2.99% or 14.0 points to end at 454.0 and RDR United Company RUSAL PLC (MCX:RUALR) shed 2.10% or 8.90 points to 415.10.

The top performers on the MICEX were Pharmstandard JSC (MCX:PHST) which rose 8.38% to 1035.0, ALROSA ao (MCX:ALRS) which was up 7.98% to settle at 71.700 and Moskovskaya Birzha OAO (MCX:MOEX) which gained 4.63% to close at 61.22.

The worst performers were MMC Norilsk Nickel (MCX:GMKN) which was down 4.24% to 9600.0 in late trade, LSR (MCX:LSRG) which lost 2.99% to settle at 454.0 and RDR United Company RUSAL PLC (MCX:RUALR) which was down 2.10% to 415.10 at the close.

Advancing stocks outnumbered falling ones by 77 to 59 and 6 ended unchanged on the Moscow Stock Exchange.

In commodities trading, Gold for February delivery was up 0.35% or 4.30 to $1238.70 a troy ounce. Meanwhile, Crude Oil for delivery in February rose 0.31% or 0.14 to hit $46.03 a barrel, while the March Brent Oil contract fell 1.01% or 0.48 to trade at $47.34 a barrel.

USD/RUB was up 1.31% to 66.052, while EUR/RUB rose 1.58% to 77.969.

The US Dollar Index was down 0.32% at 92.15.

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