Investing.com – Russia equities were higher at the close on Wednesday, as gains in the MOEX Oil and Gas, MOEX Electric Utilities and MOEX Metals and Mining sectors led shares higher.
At the close in Moscow, the MOEX Russia Index added 1.24% to hit a new 3-month high.
The biggest gainers of the session on the MOEX Russia Index were Surgutneftegas PJSC (MCX:SNGS), which rose 3.88% or 1.05 points to trade at 28.13 at the close. VK Company Ltd (MCX:VKCO) added 2.48% or 8.40 points to end at 346.60 and PhosAgro PJSC (MCX:PHOR) was up 2.30% or 155.00 points to 6,891.00 in late trade.
Biggest losers included Severstal PJSC (MCX:CHMF), which fell 2.71% or 35.00 points to trade at 1,255.00 in late trade. Unipro PJSC (MCX:UPRO) declined 2.53% or 0.05 points to end at 2.00 and Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) down 2.48% or 0.93 points to 36.49.
Rising stocks outnumbered declining ones by 165 to 80 and 9 ended unchanged on the Moscow Stock Exchange.
The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 2.02% to 36.93.
Gold Futures for February delivery was up 0.23% or 6.41 to $2,765.61 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.61% or 0.46 to hit $75.37 a barrel, while the March Brent oil contract fell 0.44% or 0.35 to trade at $78.94 a barrel.
USD/RUB was down 0.24% to 99.24, while EUR/RUB fell 0.39% to 103.36.
The US Dollar Index Futures was up 0.17% at 108.04.