Investing.com – Russia equities were higher at the close on Tuesday, as gains in the Mining, Power and Telecoms sectors propelled shares higher.
At the close in Moscow, the MICEX rose 1.60% to hit a new 1-month high.
The biggest gainers of the session on the MICEX were LSR (MCX:LSRG), which rose 5.39% or 31.0 points to trade at 606.0 at the close. NLMK ao (MCX:NLMK) added 4.88% or 3.30 points to end at 70.90 and Magnit (MCX:MGNT) was up 4.66% or 543.0 points to 12207.0 in late trade.
Biggest losers included Bashneft ANK ao (MCX:BANE), which lost 2.19% or 49.0 points to trade at 2190.0 in late trade. Polyus Gold International Ltd (MCX:PGIL) declined 1.45% or 2.25 points to end at 153.00 and PIK (MCX:PIKK) shed 0.74% or 1.40 points to 187.00.
Advancing stocks outnumbered falling ones by 113 to 81 and 7 ended unchanged on the Moscow Stock Exchange.
The Russian VIX, which measures the implied volatility of MICEX options, was down 0.89% to 38.030.
In commodities trading, Gold for June delivery was up 0.79% or 9.40 to $1203.10 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.67% or 0.39 to hit $57.49 a barrel, while the June Brent oil contract fell 0.91% or 0.57 to trade at $62.88 a barrel.
USD/RUB was up 0.55% to 53.462, while EUR/RUB rose 0.42% to 57.532.
The US Dollar Index was down 0.11% at 98.05.