Investing.com – Russia equities were lower at the close on Wednesday, as losses in the Power, Telecoms and Mining sectors propelled shares lower.
At the close in Moscow, the MICEX fell 1.23% to hit a new 6-month low.
The biggest gainers of the session on the MICEX were Tatneft-3 (MCX:TATN), which rose 1.48% or 5.35 points to trade at 365.65 at the close. MiMES Rostelekom OAO Pref (MCX:RTKM_p) added 1.01% or 0.55 points to end at 55.00 and NOVATEK (MCX:NVTK) was up 0.99% or 6.10 points to 622.20 in late trade.
Biggest losers included Inter rao ees (MCX:IRAO), which lost 6.75% or 0.2750 points to trade at 3.8000 in late trade. MegaFon OAO (MCX:MFON) declined 6.13% or 36.00 points to end at 551.20 and SG mechel (MCX:MTLR) shed 5.13% or 7.05 points to 130.30.
Declining stocks outnumbered rising ones by 145 to 67 and 12 ended unchanged on the Moscow Stock Exchange.
The Russian VIX, which measures the implied volatility of MICEX options, was down 3.59% to 26.050.
In commodities trading, Gold Futures for August delivery was up 0.77% or 9.76 to $1278.36 a troy ounce. Meanwhile, Crude oil for delivery in July fell 3.66% or 1.70 to hit $44.76 a barrel, while the August Brent oil contract fell 3.57% or 1.74 to trade at $46.98 a barrel.
USD/RUB was up 0.35% to 57.1853, while EUR/RUB rose 0.90% to 64.3430.
The US Dollar Index Futures was down 0.56% at 96.43.