Investing.com – Russia stocks were higher after the close on Wednesday, as gains in the Telecoms, Oil & Gas and Manufacturing sectors led shares higher.
At the close in Moscow, the MICEX added 0.91%.
The best performers of the session on the MICEX were Yandex NV (MCX:YNDX), which rose 5.77% or 47.00 points to trade at 862.00 at the close. Meanwhile, Sberbank (MCX:SBER) added 3.82% or 2.86 points to end at 77.71 and Sberbank Rossii OAO Pref (MCX:SBER_p) was up 3.12% or 1.70 points to 56.17 in late trade.
The worst performers of the session were MMK (MCX:MAGN), which fell 3.57% or 0.749 points to trade at 20.240 at the close. Severstal - ao (MCX:CHMF) declined 2.65% or 19.90 points to end at 730.00 and ALROSA ao (MCX:ALRS) was down 2.44% or 1.520 points to 60.780.
Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 114 to 105 and 13 ended unchanged.
The Russian VIX, which measures the implied volatility of MICEX options, was up 1.65% to 38.220.
Gold for December delivery was up 1.87% or 20.60 to $1123.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 5.52% or 2.46 to hit $47.05 a barrel, while the November Brent oil contract rose 4.09% or 1.96 to trade at $49.70 a barrel.
USD/RUB was down 2.41% to 65.230, while EUR/RUB fell 1.98% to 73.809.
The US Dollar Index was down 0.43% at 95.35.