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Russia shares higher at close of trade; MICEX up 1.80%

Published 23/02/2016, 04:45 am
© Reuters.  Russia shares higher at close of trade; MICEX up 1.80%

Investing.com – Russia equities were higher at the close on Monday, as gains in the Oil & Gas, Telecoms and Power sectors propelled shares higher.

At the close in Moscow, the MICEX gained 1.80% to hit a new 1-month high.

The biggest gainers of the session on the MICEX were PIK (MCX:PIKK), which rose 4.19% or 9.90 points to trade at 246.00 at the close. Rostelecom (MCX:RTKM) added 3.85% or 3.40 points to end at 91.80 and Rosseti ao (MCX:RSTI) was up 3.41% or 0.0164 points to 0.4975 in late trade.

Biggest losers included Polymetal International PLC (MCX:POLY), which lost 3.47% or 25.00 points to trade at 695.50 in late trade. ANK Bashneft OAO Pref (MCX:BANE_p) declined 2.67% or 49.5 points to end at 1806.0 and MMK (MCX:MAGN) shed 2.58% or 0.500 points to 18.900.

Advancing stocks outnumbered falling ones by 129 to 65 and 22 ended unchanged on the Moscow Stock Exchange.

The Russian VIX, which measures the implied volatility of MICEX options, was down 1.64% to 42.590.

In commodities trading, Gold for April delivery was down 1.77% or 21.80 to $1209.00 a troy ounce. Meanwhile, Crude oil for delivery in April rose 5.89% or 1.87 to hit $33.62 a barrel, while the April Brent oil contract rose 5.27% or 1.74 to trade at $34.75 a barrel.

USD/RUB was down 2.47% to 75.1461, while EUR/RUB fell 4.13% to 82.740.

The US Dollar Index was up 0.89% at 97.48.

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