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Russia shares higher at close of trade

Published 03/03/2015, 16:45
Updated 03/03/2015, 17:25
© Reuters.  Russia shares higher at close of trade
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Investing.com – Russia equities were higher at the close on Tuesday, as gains in the Mining, Telecom and Oil and Gas sectors propelled shares higher.

At the close in Moscow, the RTSI rose 1.49%, while the MICEX index added 1.37%.

The biggest gainers of the session on the RTSI were MMK (MCX:MAGN), which rose 6.50% or 0.970 points to trade at 15.900 at the close. DIXY Group ao (MCX:DIXY) added 5.06% or 23.80 points to end at 494.30 and ALROSA ao (MCX:ALRS) was up 4.50% or 3.100 points to 72.050 in late trade.

Biggest losers included Moskovskaya Birzha OAO (MCX:MOEX), which lost 1.49% or 1.13 points to trade at 74.88 in late trade. MegaFon OAO (MCX:MFON) declined 0.95% or 10.00 points to end at 1041.00 and Mos obl sb (MCX:MSRS) shed 0.88% or 0.0100 points to 1.1350.

The top performers on the MICEX were MMK (MCX:MAGN) which rose 6.50% to 15.900, DIXY Group ao (MCX:DIXY) which was up 5.06% to settle at 494.30 and ALROSA ao (MCX:ALRS) which gained 4.50% to close at 72.050.

The worst performers were Moskovskaya Birzha OAO (MCX:MOEX) which was down 1.49% to 74.88 in late trade, MegaFon OAO (MCX:MFON) which lost 0.95% to settle at 1041.00 and Mos obl sb (MCX:MSRS) which was down 0.88% to 1.1350 at the close.

Advancing stocks outnumbered falling ones by 84 to 64 and 7 ended unchanged on the Moscow Stock Exchange.

In commodities trading, Gold for April delivery was down 0.42% or 5.10 to $1203.10 a troy ounce. Meanwhile, Crude Oil for delivery in April rose 1.84% or 0.91 to hit $50.50 a barrel, while the April Brent Oil contract rose 2.65% or 1.57 to trade at $61.12 a barrel.

USD/RUB was down 1.32% to 61.895, while EUR/RUB fell 1.06% to 69.327.

The US Dollar Index was down 0.26% at 95.27.

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