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Russia stocks higher at close of trade; MICEX up 1.42%

Published 03/11/2015, 04:45 am
© Reuters. Russia stocks higher at close of trade; MICEX up 1.42%
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Investing.com – Russia stocks were higher after the close on Monday, as gains in the Power, Oil & Gas and Telecoms sectors led shares higher.

At the close in Moscow, the MICEX added 1.42% to hit a new 6-months high.

The best performers of the session on the MICEX were Lukoil (MCX:LKOH), which rose 3.97% or 92.0 points to trade at 2412.0 at the close. Meanwhile, Sberbank (MCX:SBER) added 3.45% or 3.12 points to end at 93.65 and Inter rao ees (MCX:IRAO) was up 3.32% or 0.0405 points to 1.2605 in late trade.

The worst performers of the session were Polyus Gold International Ltd (MCX:PGIL), which fell 1.90% or 3.60 points to trade at 185.60 at the close. MMK (MCX:MAGN) declined 1.33% or 0.320 points to end at 23.750 and Gruppa LSR PAO (MCX:LSRG) was down 0.98% or 6.0 points to 606.0.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 122 to 94 and 6 ended unchanged.

Shares in Sberbank (MCX:SBER) rose to 52-week highs; rising 3.45% or 3.12 to 93.65.

The Russian VIX, which measures the implied volatility of MICEX options, was down 0.67% to 36.900.

Gold for December delivery was down 0.63% or 7.20 to $1134.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.03% or 0.48 to hit $46.11 a barrel, while the December Brent oil contract fell 1.46% or 0.72 to trade at $48.84 a barrel.

USD/RUB was down 0.04% to 64.026, while EUR/RUB fell 0.06% to 70.278.

The US Dollar Index was down 0.04% at 96.96.

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