Russia shares higher at close of trade; MOEX Russia up 0.88%

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

At the close in Moscow, the MOEX Russia gained 0.88% to hit a new 1-month high.

The biggest gainers of the session on the MOEX Russia were Magnit (MCX:MGNT), which rose 5.54% or 310.50 points to trade at 5,915.50 at the close. PIK (MCX:PIKK) added 3.80% or 24.20 points to end at 661.50 and VK Company Ltd DRC (MCX:VKCO) was up 3.35% or 12.00 points to 369.80 in late trade.

Biggest losers included GMK Norilskiy Nikel PAO (MCX:GMKN), which lost 1.51% or 1.70 points to trade at 109.50 in late trade. Novolipetsk Steel PAO (MCX:NLMK) declined 1.03% or 1.54 points to end at 148.46 and Yandex NV (MCX:YDEX) shed 0.92% or 38.00 points to 4,099.50.

Advancing stocks outnumbered falling ones by 193 to 56 and 6 ended unchanged on the Moscow Stock Exchange.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was down 1.47% to 28.14 a new 1-month low.

In commodities trading, Gold Futures for December delivery was up 1.25% or 32.60 to $2,647.20 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.13% or 0.09 to hit $71.25 a barrel, while the November Brent oil contract fell 0.23% or 0.17 to trade at $74.71 a barrel.

USD/RUB was up 0.19% to 92.35, while EUR/RUB rose 0.21% to 103.10.

The US Dollar Index Futures was up 0.13% at 100.45.