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Russia shares higher at close of trade; MOEX Russia up 0.85%

Published 11/04/2018, 17:35
Russia shares higher at close of trade; MOEX Russia up 0.85%
IMOEX
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MOEXMM
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MCXMNF
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MOEXOG
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ROSN
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MTLR
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POLYP
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RVI
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RUAL
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UWGN
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SFIN
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Investing.com – Russia equities were higher at the close on Wednesday, as gains in the Oil & Gas, Manufacturing and Mining sectors propelled shares higher.

At the close in Moscow, the MOEX Russia gained 0.85%.

The biggest gainers of the session on the MOEX Russia were NK Rosneft PAO (MCX:ROSN), which rose 4.85% or 15.00 points to trade at 324.00 at the close. Safmar Finansovye Investitsii PAO (MCX:SFIN) added 4.71% or 27.0 points to end at 600.0 and Polymetal International PLC (MCX:POLY) was up 4.68% or 26.00 points to 582.00 in late trade.

Biggest losers included United Company Rusal Plc (MCX:RUAL), which lost 7.37% or 1.680 points to trade at 21.110 in late trade. NPK OVK PAO (MCX:UWGN) declined 5.30% or 38.0 points to end at 678.5 and SG mechel (MCX:MTLR) shed 3.90% or 4.30 points to 106.00.

Declining stocks outnumbered rising ones by 136 to 85 and 19 ended unchanged on the Moscow Stock Exchange.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was up 11.09% to 45.270 a new 52-week high.

In commodities trading, Gold Futures for June delivery was up 1.15% or 15.50 to $1361.40 a troy ounce. Meanwhile, Crude oil for delivery in May rose 2.06% or 1.35 to hit $66.86 a barrel, while the June Brent oil contract rose 1.55% or 1.10 to trade at $72.14 a barrel.

USD/RUB was down 0.78% to 62.5494, while EUR/RUB fell 0.54% to 77.4670.

The US Dollar Index Futures was down 0.19% at 89.15.

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