Russia shares higher at close of trade; MOEX Russia Index up 0.44%

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

At the close in Moscow, the MOEX Russia Index added 0.44%.

The biggest gainers of the session on the MOEX Russia Index were Magnit PJSC (MCX:MGNT), which rose 1.61% or 78.50 points to trade at 4,968.00 at the close. GDR ROS AGRO PLC ORD SHS (MCX:AGRODR) added 1.10% or 13.40 points to end at 1,234.60 and Moskovskiy Kreditnyi Bank PAO (MCX:CBOM) was up 1.67% or 0.10 points to 6.15 in late trade.

Biggest losers included Bank VTB PJSC (MCX:VTBR), which lost 4.05% or 3.64 points to trade at 86.15 in late trade. OK Rusal MKPAO (MCX:RUAL) declined 1.28% or 0.44 points to end at 33.59 and AFK Sistema PJSC (MCX:AFKS) shed 1.02% or 0.16 points to 15.10.

Advancing stocks outnumbered falling ones by 124 to 113 and 17 ended unchanged on the Moscow Stock Exchange.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 0.74% to 25.85 a new 1-month low.

In commodities trading, Gold Futures for December delivery was up 0.81% or 21.20 to $2,647.20 a troy ounce. Meanwhile, Crude oil for delivery in November rose 3.21% or 2.35 to hit $75.59 a barrel, while the December Brent oil contract rose 3.17% or 2.43 to trade at $79.01 a barrel.

USD/RUB was down 0.42% to 96.60, while EUR/RUB fell 0.46% to 105.63.

The US Dollar Index Futures was down 0.05% at 102.64.