Russia shares lower at close of trade; MOEX Russia down 0.77%

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

At the close in Moscow, the MOEX Russia lost 0.77%.

The biggest gainers of the session on the MOEX Russia were PIK (MCX:PIKK), which rose 1.05% or 6.70 points to trade at 643.10 at the close. Surgut-pref (MCX:SNGS_p) added 0.40% or 0.22 points to end at 53.85 and X5 Retail Group NV (MCX:FIVEDR) was unchanged 0.00% or 0.00 points to 2,798.00 in late trade.

Biggest losers included Ozon Holdings PLC (MCX:OZONDR), which lost 3.51% or 119.50 points to trade at 3,286.00 in late trade. Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) declined 3.09% or 1.43 points to end at 44.77 and AFK Sistema (MCX:AFKS) shed 2.92% or 0.49 points to 16.25.

Declining stocks outnumbered rising ones by 169 to 78 and 8 ended unchanged on the Moscow Stock Exchange.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was up 1.58% to 33.52.

In commodities trading, Gold Futures for December delivery was down 0.29% or 7.60 to $2,584.80 a troy ounce. Meanwhile, Crude oil for delivery in November fell 1.16% or 0.81 to hit $69.15 a barrel, while the November Brent oil contract rose 0.04% or 0.03 to trade at $72.92 a barrel.

USD/RUB was up 0.03% to 93.65, while EUR/RUB unchanged 0.00% to 104.09.

The US Dollar Index Futures was up 0.06% at 100.63.