Investing.com – Russia equities were higher at the close on Wednesday, as gains in the Power, Oil & Gas and Mining sectors propelled shares higher.
At the close in Moscow, the MICEX rose 1.66%.
The biggest gainers of the session on the MICEX were Inter rao ees (MCX:IRAO), which rose 7.67% or 0.1745 points to trade at 2.4500 at the close. Magnit (MCX:MGNT) added 4.82% or 400.0 points to end at 8700.0 and AFK Sistema (MCX:AFKS) was up 4.58% or 0.900 points to 20.540 in late trade.
Biggest losers included Gruppa Cherkizovo ao (MCX:GCHE), which lost 0.92% or 8.0 points to trade at 860.0 in late trade. Surgut-pref (MCX:SNGS_p) declined 0.89% or 0.345 points to end at 38.400 and Uralkaliy (MCX:URKA) shed 0.67% or 1.20 points to 178.45.
Advancing stocks outnumbered falling ones by 131 to 85 and 21 ended unchanged on the Moscow Stock Exchange.
The Russian VIX, which measures the implied volatility of MICEX options, was down 1.47% to 34.130.
In commodities trading, Gold for August delivery was up 0.71% or 9.35 to $1327.25 a troy ounce. Meanwhile, Crude oil for delivery in August rose 2.88% or 1.38 to hit $49.23 a barrel, while the September Brent oil contract rose 2.86% or 1.41 to trade at $50.67 a barrel.
USD/RUB was down 0.45% to 63.7897, while EUR/RUB fell 0.17% to 70.791.
The US Dollar Index was down 0.41% at 95.80.