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Russia stocks lower at close of trade; MICEX down 0.35%

Published 16/07/2015, 02:45 am
© Reuters.  Russia stocks lower at close of trade; MICEX down 0.35%
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Investing.com – Russia stocks were lower after the close on Wednesday, as losses in the Oil & Gas, Manufacturing and Telecoms sectors led shares lower.

At the close in Moscow, the MICEX declined 0.35%.

The best performers of the session on the MICEX were MMK (MCX:MAGN), which rose 5.98% or 1.055 points to trade at 18.700 at the close. Meanwhile, Inter rao ees (MCX:IRAO) added 4.78% or 0.0550 points to end at 1.2050 and RDR United Company RUSAL PLC (MCX:RUALR) was up 4.29% or 12.00 points to 292.00 in late trade.

The worst performers of the session were Surgut-pref (MCX:SNGS_p), which fell 16.04% or 6.190 points to trade at 32.400 at the close. Gazprom (MCX:GAZP) declined 2.59% or 3.80 points to end at 142.70 and NLMK ao (MCX:NLMK) was down 1.75% or 1.39 points to 77.86.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 112 to 76 and 12 ended unchanged.

Shares in MMK (MCX:MAGN) rose to 3-years highs; up 5.98% or 1.055 to 18.700.

The Russian VIX, which measures the implied volatility of MICEX options, was up 1.51% to 32.980.

Gold for August delivery was down 0.64% or 7.40 to $1146.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 2.45% or 1.30 to hit $51.74 a barrel, while the September Brent oil contract fell 1.99% or 1.17 to trade at $57.52 a barrel.

USD/RUB was up 0.78% to 56.879, while EUR/RUB rose 0.35% to 62.340.

The US Dollar Index was up 0.50% at 97.29.

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