Russia shares higher at close of trade; MOEX Russia Index up 0.56%

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

At the close in Moscow, the MOEX Russia Index gained 0.56%.

The biggest gainers of the session on the MOEX Russia Index were TKS Holding MKPAO (MCX:TCSG), which rose 3.60% or 90.00 points to trade at 2,588.50 at the close. OK Rusal MKPAO (MCX:RUAL) added 2.92% or 0.99 points to end at 34.77 and PIK SHb PJSC (MCX:PIKK) was up 2.53% or 15.70 points to 635.60 in late trade.

Biggest losers included Moskovskiy Kreditnyi Bank PAO (MCX:CBOM), which lost 1.88% or 0.12 points to trade at 6.12 in late trade. MMC NORILSK NICKEL PJSC (MCX:GMKN) declined 1.24% or 1.30 points to end at 106.50 and Rostelekom PJSC (MCX:RTKM) shed 0.93% or 0.68 points to 72.31.

Declining stocks outnumbered rising ones by 129 to 118 and 7 ended unchanged on the Moscow Stock Exchange.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was down 6.51% to 29.74.

In commodities trading, Gold Futures for December delivery was up 0.23% or 6.20 to $2,675.90 a troy ounce. Meanwhile, Crude oil for delivery in November rose 5.15% or 3.61 to hit $73.71 a barrel, while the December Brent oil contract rose 0.31% or 0.24 to trade at $77.85 a barrel.

USD/RUB was down 0.02% to 94.73, while EUR/RUB rose 0.01% to 104.52.

The US Dollar Index Futures was up 0.28% at 101.71.