Investing.com – Russia equities were higher at the close on Wednesday, as gains in the Telecoms, Oil & Gas and Power sectors propelled shares higher.
At the close in Moscow, the MOEX Russia rose 1.01%.
The biggest gainers of the session on the MOEX Russia were Sberbank Rossii PAO (MCX:SBER), which rose 4.02% or 8.04 points to trade at 207.95 at the close. United Company Rusal Plc (MCX:RUAL) added 3.76% or 0.890 points to end at 24.530 and Sberbank Rossii OAO Pref (MCX:SBER_p) was up 3.02% or 5.39 points to 183.66 in late trade.
Biggest losers included X5 Retail Group NV (MCX:FIVEDR), which lost 3.04% or 53.0 points to trade at 1690.0 in late trade. Severstal - ao (MCX:CHMF) declined 1.81% or 17.10 points to end at 925.30 and MMK (MCX:MAGN) shed 1.50% or 0.665 points to 43.680.
Advancing stocks outnumbered falling ones by 115 to 91 and 19 ended unchanged on the Moscow Stock Exchange.
The Russian VIX, which measures the implied volatility of MOEX Russia options, was up 2.98% to 24.510.
In commodities trading, Gold Futures for August delivery was down 0.31% or 3.90 to $1256.00 a troy ounce. Meanwhile, Crude oil for delivery in August rose 3.42% or 2.41 to hit $72.94 a barrel, while the September Brent oil contract rose 2.15% or 1.64 to trade at $77.78 a barrel.
USD/RUB was up 0.16% to 63.1336, while EUR/RUB fell 0.44% to 73.0999.
The US Dollar Index Futures was up 0.51% at 94.84.