Investing.com – Russia equities were lower at the close on Wednesday, as losses in the Oil & Gas, Power and Telecoms sectors propelled shares lower.
At the close in Moscow, the MICEX lost 0.38%.
The biggest gainers of the session on the MICEX were United Company Rusal Plc (MCX:RUAL), which rose 4.02% or 1.540 points to trade at 39.860 at the close. MMK (MCX:MAGN) added 1.74% or 0.630 points to end at 36.770 and Aeroflot (MCX:AFLT) was up 1.38% or 2.85 points to 209.70 in late trade.
Biggest losers included Surgut-pref (MCX:SNGS_p), which lost 2.63% or 0.775 points to trade at 28.660 in late trade. MMC Norilsk Nickel (MCX:GMKN) declined 2.18% or 194.0 points to end at 8725.0 and NMTP (MCX:NMTP) shed 1.88% or 0.1350 points to 7.0550.
Declining stocks outnumbered rising ones by 104 to 100 and 18 ended unchanged on the Moscow Stock Exchange.
The Russian VIX, which measures the implied volatility of MICEX options, was up 1.87% to 19.090 a new 3-year low.
In commodities trading, Gold Futures for December delivery was down 0.19% or 2.39 to $1277.31 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.82% or 0.39 to hit $47.16 a barrel, while the October Brent oil contract fell 0.41% or 0.21 to trade at $50.59 a barrel.
USD/RUB was down 0.32% to 59.5150, while EUR/RUB fell 0.68% to 69.5993.
The US Dollar Index Futures was up 0.26% at 93.99.