Russia shares higher at close of trade; MOEX Russia up 0.02% By Investing.com

Russia shares higher at close of trade; MOEX Russia up 0.02%

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Investing.com – Russia equities were higher at the close on Tuesday, as gains in the Telecoms, Power and Oil & Gas sectors propelled shares higher.

At the close in Moscow, the MOEX Russia gained 0.02%.

The biggest gainers of the session on the MOEX Russia were Rosseti ao (MCX:RSTI), which rose 5.56% or 0.0495 points to trade at 0.9400 at the close. X5 Retail Group NV (MCX:FIVEDR) added 2.97% or 52.5 points to end at 1822.5 and SG mechel (MCX:MTLR) was up 2.96% or 2.41 points to 83.81 in late trade.

Biggest losers included ALROSA ao (MCX:ALRS), which lost 2.49% or 2.550 points to trade at 100.000 in late trade. Rostelecom (MCX:RTKM) declined 1.86% or 1.37 points to end at 72.13 and United Company Rusal Plc (MCX:RUAL) shed 1.77% or 0.560 points to 31.100.

Declining stocks outnumbered rising ones by 113 to 97 and 25 ended unchanged on the Moscow Stock Exchange.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was down 3.08% to 22.050.

In commodities trading, Gold Futures for February delivery was down 0.16% or 2.05 to $1280.55 a troy ounce. Meanwhile, Crude oil for delivery in March fell 3.05% or 1.65 to hit $52.39 a barrel, while the March Brent oil contract fell 2.81% or 1.76 to trade at $60.98 a barrel.

USD/RUB was up 0.06% to 66.4287, while EUR/RUB rose 0.01% to 75.4517.

The US Dollar Index Futures was down 0.02% at 95.977.

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