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Russia stocks higher at close of trade; MOEX Russia up 1.29%

Published 02/07/2019, 03:00 am
Updated 02/07/2019, 08:12 am
© Reuters.  Russia stocks higher at close of trade; MOEX Russia up 1.29%
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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 MOEX Russia added 1.29% to hit a new all time high.

The best performers of the session on the MOEX Russia were Gazprom PAO (MCX:GAZP), which rose 5.44% or 12.67 points to trade at 245.50 at the close. Meanwhile, Inter rao ees (MCX:IRAO) added 3.86% or 0.1750 points to end at 4.7040 and Yandex NV (MCX:YNDX) was up 3.20% or 77.00 points to 2482.40 in late trade.

The worst performers of the session were NPK OVK PAO (MCX:UWGN), which fell 3.86% or 16.1 points to trade at 400.9 at the close. Polymetal International PLC (MCX:POLY) declined 2.59% or 20.80 points to end at 782.00 and NOVATEK (MCX:NVTK) was down 2.41% or 32.20 points to 1305.20.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 121 to 111 and 8 ended unchanged.

Shares in Gazprom PAO (MCX:GAZP) rose to 5-year highs; gaining 5.44% or 12.67 to 245.50.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was down 2.24% to 20.030 a new 1-month low.

Gold Futures for August delivery was down 1.72% or 24.35 to $1389.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.34% or 0.20 to hit $58.67 a barrel, while the September Brent oil contract rose 0.11% or 0.07 to trade at $64.81 a barrel.

USD/RUB was down 0.31% to 63.0375, while EUR/RUB fell 0.93% to 71.1950.

The US Dollar Index Futures was up 0.71% at 96.347.

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