Investing.com – Russia equities were higher at the close on Wednesday, as gains in the Oil & Gas, Telecoms and Power sectors propelled shares higher.
At the close in Moscow, the MICEX rose 0.66%.
The biggest gainers of the session on the MICEX were AK Transneft OAO Pref (MCX:TRNF_p), which rose 7.98% or 15600 points to trade at 211100 at the close. Polymetal International PLC (MCX:POLY) added 3.73% or 27.00 points to end at 750.00 and FSK EES (MCX:FEES) was up 3.59% or 0.0068 points to 0.1948 in late trade.
Biggest losers included Magnit (MCX:MGNT), which lost 2.98% or 290.0 points to trade at 9440.0 in late trade. NMTP (MCX:NMTP) declined 2.88% or 0.1800 points to end at 6.0700 and Tatneft OAO Pref (MCX:TATN_p) shed 2.14% or 4.50 points to 206.00.
Declining stocks outnumbered rising ones by 114 to 92 and 24 ended unchanged on the Moscow Stock Exchange.
The Russian VIX, which measures the implied volatility of MICEX options, was down 4.07% to 22.860.
In commodities trading, Gold Futures for April delivery was up 0.28% or 3.55 to $1250.05 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.23% or 0.11 to hit $48.13 a barrel, while the May Brent oil contract fell 0.39% or 0.20 to trade at $50.76 a barrel.
USD/RUB was up 0.25% to 57.8400, while EUR/RUB rose 0.21% to 62.494.
The US Dollar Index Futures was down 0.15% at 99.40.