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Russia shares higher at close of trade; MOEX Russia up 3.15%

Published 04/09/2024, 22:20
Updated 04/09/2024, 22:25
© Reuters.  Russia shares higher at close of trade; MOEX Russia up 3.15%
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Investing.com – Russia equities were higher at the close on Wednesday, as gains in the Mining, Power and Oil & Gas sectors propelled shares higher.

At the close in Moscow, the MOEX Russia gained 3.15%.

The biggest gainers of the session on the MOEX Russia were Globaltrans Investment Gdr (MCX:GLTRDR), which rose 13.34% or 54.95 points to trade at 466.80 at the close. Surgut-pref (MCX:SNGS_p) added 7.52% or 3.36 points to end at 47.97 and AFK Sistema (MCX:AFKS) was up 7.10% or 1.05 points to 15.80 in late trade.

Biggest losers included X5 Retail Group NV (MCX:FIVEDR), which unchanged 0.00% or 0.00 points to trade at 2,798.00 in late trade. HeadHunter Group PLC (MCX:HHRUDR) unchanged 0.00% or 0.00 points to end at 3,908.00 and Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) gained 1.02% or 0.43 points to 42.01.

Advancing stocks outnumbered falling ones by 231 to 13 and 9 ended unchanged on the Moscow Stock Exchange.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was down 8.43% to 39.31 a new 52-week high.

In commodities trading, Gold Futures for December delivery was up 0.14% or 3.45 to $2,526.45 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.55% or 1.09 to hit $69.25 a barrel, while the November Brent oil contract rose 0.03% or 0.02 to trade at $72.75 a barrel.

USD/RUB was down 0.02% to 87.49, while EUR/RUB unchanged 0.00% to 96.98.

The US Dollar Index Futures was down 0.53% at 101.23.

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