Russia shares higher at close of trade; MOEX Russia up 0.92%

Investing.com – Russia equities were higher at the close on Wednesday, as gains in the Telecoms , Power and Oil & Gas sectors propelled shares higher.

At the close in Moscow, the MOEX Russia added 0.92% to hit a new 3-month high.

The biggest gainers of the session on the MOEX Russia were Tatneft OAO Pref (MCX: TATN_p ), which rose 4.75% or 24.90 points to trade at 549.10 at the close. Tatneft-3 (MCX: TATN ) added 4.46% or 33.50 points to end at 784.00 and Rosseti ao (MCX: RSTI ) was up 3.39% or 0.0319 points to 0.9719 in late trade.

Biggest losers included Trubnaya Metallurgicheskaya Kompaniya OAO (MCX: TRMK ), which lost 1.35% or 0.75 points to trade at 54.65 in late trade. Safmar Finansovye Investitsii PAO (MCX: SFIN ) declined 0.79% or 4.4 points to end at 551.8 and Severstal - ao (MCX: CHMF ) shed 0.68% or 6.50 points to 945.80.

Advancing stocks outnumbered falling ones by 134 to 84 and 22 ended unchanged on the Moscow Stock Exchange.

The Russian VIX , which measures the implied volatility of MOEX Russia options, was down 1.44% to 22.630.

In commodities trading, Gold Futures for February delivery was up 0.02% or 0.25 to $1283.65 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.87% or 0.46 to hit $52.55 a barrel, while the March Brent oil contract fell 0.78% or 0.48 to trade at $61.02 a barrel.

USD/RUB was down 0.75% to 66.0378, while EUR/RUB fell 0.47% to 75.2039.

The US Dollar Index Futures was down 0.22% at 95.748.