Russia stocks higher at close of trade; MOEX Russia Index up 1.79%

Investing.com – Russia stocks were higher after the close on Wednesday, as gains in the Oil & Gas, Power and Telecoms sectors led shares higher.

At the close in Moscow, the MOEX Russia Index rose 1.79%.

The best performers of the session on the MOEX Russia Index were ADS Ozon Holdings PLC ORD SHS (MCX:OZONDR), which rose 5.95% or 162.50 points to trade at 2,891.50 at the close. Meanwhile, AK ALROSA PJSC (MCX:ALRS) added 4.80% or 2.33 points to end at 50.87 and Unipro PJSC (MCX:UPRO) was up 4.76% or 0.08 points to 1.70 in late trade.

The worst performers of the session were Polyus PJSC (MCX:PLZL), which fell 3.37% or 513.50 points to trade at 14,718.50 at the close. PIK SHb PJSC (MCX:PIKK) declined 3.05% or 15.20 points to end at 483.00 and GDR Globaltrans Inves ORD SHS (MCX:GLTRDR) was 0.00% or 0.00 points to 519.25.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 198 to 48 and 10 ended unchanged.

Shares in PIK SHb PJSC (MCX:PIKK) fell to 3-years lows; losing 3.05% or 15.20 to 483.00.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was down 1.82% to 37.25.

Gold Futures for December delivery was down 2.97% or 81.70 to $2,668.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.25% or 0.18 to hit $71.81 a barrel, while the January Brent oil contract fell 0.56% or 0.42 to trade at $75.11 a barrel.

USD/RUB was down 0.59% to 97.23, while EUR/RUB fell 2.40% to 104.33.

The US Dollar Index Futures was up 1.66% at 105.04.