Investing.com – Russia equities were higher at the close on Wednesday, as gains in the Manufacturing, Telecoms and Oil & Gas sectors propelled shares higher.
At the close in Moscow, the MICEX gained 1.26%.
The biggest gainers of the session on the MICEX were Sberbank (MCX:SBER), which rose 3.26% or 3.90 points to trade at 123.45 at the close. Moskovskaya Birzha OAO (MCX:MOEX) added 3.15% or 3.24 points to end at 106.04 and Surgut (MCX:SNGS) was up 2.97% or 0.980 points to 33.980 in late trade.
Biggest losers included Ros Agro PLC (MCX:AGRO), which lost 4.18% or 41 points to trade at 940 in late trade. AK Transneft OAO Pref (MCX:TRNF_p) declined 2.83% or 5900 points to end at 202300 and Bashneft ANK ao (MCX:BANE) shed 2.06% or 60.5 points to 2873.5.
Advancing stocks outnumbered falling ones by 130 to 92 and 17 ended unchanged on the Moscow Stock Exchange.
The Russian VIX, which measures the implied volatility of MICEX options, was down 6.51% to 31.740 a new 3-month low.
In commodities trading, Gold for June delivery was up 0.63% or 7.95 to $1272.75 a troy ounce. Meanwhile, Crude oil for delivery in June rose 2.96% or 1.32 to hit $45.98 a barrel, while the July Brent oil contract rose 3.58% or 1.63 to trade at $47.15 a barrel.
USD/RUB was down 1.82% to 65.0767, while EUR/RUB fell 1.29% to 74.384.
The US Dollar Index was down 0.49% at 93.76.