Investing.com – Russia equities were lower at the close on Wednesday, as losses in the Oil and Gas, Telecom and Manufacturing sectors propelled shares lower.
At the close in Moscow, the RTSI fell 2.98%, while the MICEX index lost 2.67%.
The biggest gainers of the session on the RTSI were SG mechel (MCX:MTLR), which rose 6.75% or 5.66 points to trade at 89.45 at the close. Inter rao ees (MCX:IRAO) added 3.23% or 0.0299 points to end at 0.9558 and FSK EES (MCX:FEES) was up 2.73% or 0.0021 points to 0.0778 in late trade.
Biggest losers included Moskovskaya Birzha OAO (MCX:MOEX), which lost 5.62% or 4.21 points to trade at 70.67 in late trade. Magnit (MCX:MGNT) declined 4.72% or 550.0 points to end at 11100.0 and Tatneft-3 (MCX:TATN) shed 4.36% or 14.55 points to 319.00.
The top performers on the MICEX were SG mechel (MCX:MTLR) which rose 6.75% to 89.45, Inter rao ees (MCX:IRAO) which was up 3.23% to settle at 0.9558 and FSK EES (MCX:FEES) which gained 2.73% to close at 0.0778.
The worst performers were Moskovskaya Birzha OAO (MCX:MOEX) which was down 5.62% to 70.67 in late trade, Magnit (MCX:MGNT) which lost 4.72% to settle at 11100.0 and Tatneft-3 (MCX:TATN) which was down 4.36% to 319.00 at the close.
Declining stocks outnumbered rising ones by 93 to 63 and 7 ended unchanged on the Moscow Stock Exchange.
In commodities trading, Gold for April delivery was down 0.22% or 2.70 to $1201.70 a troy ounce. Meanwhile, Crude Oil for delivery in April fell 1.19% or 0.60 to hit $49.92 a barrel, while the April Brent Oil contract fell 2.14% or 1.30 to trade at $59.72 a barrel.
USD/RUB was up 0.27% to 62.065, while EUR/RUB fell 0.64% to 68.728.
The US Dollar Index was up 0.62% at 96.03.