Investing.com – Russia equities were higher at the close on Wednesday, as gains in the Oil & Gas, Telecoms and Power sectors propelled shares higher.
At the close in Moscow, the MOEX Russia added 2.21% to hit a new all time high.
The biggest gainers of the session on the MOEX Russia were Sberbank Rossii PAO (MCX:SBER), which rose 4.48% or 11.98 points to trade at 279.20 at the close. Magnit (MCX:MGNT) added 4.47% or 205.0 points to end at 4793.0 and Sberbank Rossii OAO Pref (MCX:SBER_p) was up 3.75% or 8.10 points to 224.00 in late trade.
Biggest losers included NLMK ao (MCX:NLMK), which lost 3.07% or 4.70 points to trade at 148.30 in late trade. Lenta Ltd (MCX:LNTADR) declined 1.70% or 6 points to end at 375 and PIK (MCX:PIKK) shed 1.00% or 3.20 points to 316.80.
Advancing stocks outnumbered falling ones by 135 to 74 and 18 ended unchanged on the Moscow Stock Exchange.
The Russian VIX, which measures the implied volatility of MOEX Russia options, was down 0.42% to 21.290.
In commodities trading, Gold Futures for April delivery was down 0.02% or 0.30 to $1330.90 a troy ounce. Meanwhile, Crude oil for delivery in April fell 0.39% or 0.24 to hit $61.55 a barrel, while the April Brent oil contract fell 0.08% or 0.05 to trade at $65.20 a barrel.
USD/RUB was up 0.18% to 56.6643, while EUR/RUB rose 0.02% to 69.7986.
The US Dollar Index Futures was up 0.19% at 89.81.