Investing.com – Russia equities were higher at the close on Wednesday, as gains in the Oil & Gas, Mining and Telecoms sectors propelled shares higher.
At the close in Moscow, the MICEX rose 0.95% to hit a new all time high.
The biggest gainers of the session on the MICEX were MMK (MCX:MAGN), which rose 4.99% or 1.650 points to trade at 34.700 at the close. AK Transneft OAO Pref (MCX:TRNF_p) added 4.96% or 7850 points to end at 166000 and Yandex NV (MCX:YNDX) was up 4.33% or 51.00 points to 1228.00 in late trade.
Biggest losers included Akron (MCX:AKRN), which lost 1.34% or 45.0 points to trade at 3315.0 in late trade. Inter rao ees (MCX:IRAO) declined 1.32% or 0.0535 points to end at 3.9900 and Polymetal International PLC (MCX:POLY) shed 1.23% or 7.50 points to 601.00.
Advancing stocks outnumbered falling ones by 125 to 97 and 24 ended unchanged on the Moscow Stock Exchange.
The Russian VIX, which measures the implied volatility of MICEX options, was down 3.33% to 24.350.
In commodities trading, Gold for December delivery was down 1.87% or 22.70 to $1188.50 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.17% or 0.08 to hit $48.11 a barrel, while the January Brent oil contract rose 0.06% or 0.03 to trade at $49.15 a barrel.
USD/RUB was up 1.11% to 64.4705, while EUR/RUB rose 0.53% to 68.092.
The US Dollar Index was up 0.52% at 101.62.