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Russia shares higher at close of trade

Published 06/02/2015, 16:45
© Reuters. Russia shares higher at close of trade
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Investing.com – Russia equities were higher at the close on Friday, as gains in the Oil and Gas, Telecom and Mining sectors propelled shares higher.

At the close in Moscow, the RTSI rose 2.72%, while the MICEX index gained 3.50%.

The biggest gainers of the session on the RTSI were RDR United Company RUSAL PLC (MCX:RUALR), which rose 9.41% or 44.20 points to trade at 514.00 at the close. MegaFon OAO (MCX:MFON) added 9.05% or 90.00 points to end at 1085.00 and Magnit (MCX:MGNT) was up 8.21% or 840.0 points to 11075.0 in late trade.

Biggest losers included Verhnesald MPO (MCX:VSMO), which lost 3.26% or 330.0 points to trade at 9800.0 in late trade. SG mechel (MCX:MTLR) declined 2.98% or 1.29 points to end at 41.99 and Uralkaliy (MCX:URKA) shed 0.66% or 1.15 points to 173.05.

The top performers on the MICEX were RDR United Company RUSAL PLC (MCX:RUALR) which rose 9.41% to 514.00, MegaFon OAO (MCX:MFON) which was up 9.05% to settle at 1085.00 and Magnit (MCX:MGNT) which gained 8.21% to close at 11075.0.

The worst performers were Verhnesald MPO (MCX:VSMO) which was down 3.26% to 9800.0 in late trade, SG mechel (MCX:MTLR) which lost 2.98% to settle at 41.99 and Uralkaliy (MCX:URKA) which was down 0.66% to 173.05 at the close.

Advancing stocks outnumbered falling ones by 102 to 42 and 8 ended unchanged on the Moscow Stock Exchange.

In commodities trading, Gold for April delivery was down 2.52% or 31.80 to $1230.90 a troy ounce. Meanwhile, Crude Oil for delivery in March rose 2.30% or 1.16 to hit $51.64 a barrel, while the March Brent Oil contract rose 2.34% or 1.32 to trade at $57.90 a barrel.

USD/RUB was up 0.79% to 67.073, while EUR/RUB fell 0.39% to 76.077.

The US Dollar Index was up 1.11% at 94.70.

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