Investing.com – Russia equities were higher at the close on Wednesday, as gains in the Telecom, Power and Oil and Gas sectors propelled shares higher.
At the close in Moscow, the RTSI rose 0.78%, while the MICEX index added 1.22%.
The biggest gainers of the session on the RTSI were Inter rao ees (MCX:IRAO), which rose 8.66% or 0.0699 points to trade at 0.8770 at the close. Verhnesald MPO (MCX:VSMO) added 3.67% or 360.0 points to end at 10160.0 and PhosAgro ao (MCX:PHOR) was up 3.57% or 80.0 points to 2319.0 in late trade.
Biggest losers included TMK ao (MCX:TRMK), which lost 3.55% or 1.50 points to trade at 40.80 in late trade. Surgut-pref (MCX:SNGS_p) declined 1.32% or 0.585 points to end at 43.815 and MegaFon OAO (MCX:MFON) shed 1.16% or 12.00 points to 1020.00.
The top performers on the MICEX were Inter rao ees (MCX:IRAO) which rose 8.66% to 0.8770, Verhnesald MPO (MCX:VSMO) which was up 3.67% to settle at 10160.0 and PhosAgro ao (MCX:PHOR) which gained 3.57% to close at 2319.0.
The worst performers were TMK ao (MCX:TRMK) which was down 3.55% to 40.80 in late trade, Surgut-pref (MCX:SNGS_p) which lost 1.32% to settle at 43.815 and MegaFon OAO (MCX:MFON) which was down 1.16% to 1020.00 at the close.
Advancing stocks outnumbered falling ones by 94 to 49 and 4 ended unchanged on the Moscow Stock Exchange.
In commodities trading, Gold for April delivery was down 0.67% or 8.20 to $1224.00 a troy ounce. Meanwhile, Crude Oil for delivery in March fell 1.64% or 0.82 to hit $49.20 a barrel, while the April Brent Oil contract fell 2.15% or 1.24 to trade at $56.26 a barrel.
USD/RUB was up 1.29% to 66.234, while EUR/RUB rose 1.02% to 74.868.
The US Dollar Index was up 0.27% at 95.11.