Russia shares higher at close of trade; MOEX Russia up 2.30%

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

At the close in Moscow, the MOEX Russia rose 2.30%.

The biggest gainers of the session on the MOEX Russia were Polymetal International PLC (MCX: POLY ), which rose 8.50% or 47.40 points to trade at 605.20 at the close. MegaFon OAO (MCX: MFON ) added 5.04% or 23.20 points to end at 483.20 and Sberbank Rossii OAO Pref (MCX: SBER_p ) was up 4.79% or 8.71 points to 190.50 in late trade.

Biggest losers included PhosAgro ao (MCX: PHOR ), which lost 0.86% or 21.0 points to trade at 2410.0 in late trade. Safmar Finansovye Investitsii PAO (MCX: SFIN ) declined 0.79% or 4.5 points to end at 566.0 and Tatneft OAO Pref (MCX: TATN_p ) shed 0.55% or 2.40 points to 430.20.

Advancing stocks outnumbered falling ones by 155 to 72 and 10 ended unchanged on the Moscow Stock Exchange.

The Russian VIX , which measures the implied volatility of MOEX Russia options, was up 0.32% to 31.540.

In commodities trading, Gold Futures for June delivery was up 0.36% or 4.90 to $1354.40 a troy ounce. Meanwhile, Crude oil for delivery in May rose 1.77% or 1.18 to hit $67.70 a barrel, while the June Brent oil contract rose 1.51% or 1.08 to trade at $72.66 a barrel.

USD/RUB was down 0.70% to 61.0962, while EUR/RUB fell 0.62% to 75.6575.

The US Dollar Index Futures was up 0.08% at 89.29.