Investing.com – Russia equities were higher at the close on Thursday, as gains in the Power, Mining and Telecoms sectors propelled shares higher.
At the close in Moscow, the MICEX gained 0.16%.
The biggest gainers of the session on the MICEX were Magnit (MCX:MGNT), which rose 3.59% or 312.0 points to trade at 9012.0 at the close. Inter rao ees (MCX:IRAO) added 3.02% or 0.0740 points to end at 2.5240 and Polymetal International PLC (MCX:POLY) was up 2.68% or 23.00 points to 881.50 in late trade.
Biggest losers included MVideo (MCX:MVID), which lost 7.68% or 25.10 points to trade at 301.70 in late trade. Uralkaliy (MCX:URKA) declined 2.05% or 3.65 points to end at 174.80 and AK Transneft OAO Pref (MCX:TRNF_p) shed 1.71% or 2900 points to 166500.
Declining stocks outnumbered rising ones by 114 to 95 and 36 ended unchanged on the Moscow Stock Exchange.
The Russian VIX, which measures the implied volatility of MICEX options, was down 1.40% to 33.700.
In commodities trading, Gold for August delivery was down 0.58% or 7.65 to $1319.25 a troy ounce. Meanwhile, Crude oil for delivery in August fell 2.21% or 1.10 to hit $48.78 a barrel, while the September Brent oil contract fell 2.32% or 1.19 to trade at $50.13 a barrel.
USD/RUB was up 0.18% to 63.9350, while EUR/RUB fell 0.20% to 70.741.
The US Dollar Index was up 0.55% at 96.22.