Russia shares lower at close of trade; MOEX Russia Index down 0.85%

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

At the close in Moscow, the MOEX Russia Index declined 0.85%.

The biggest gainers of the session on the MOEX Russia Index were Gazprom PJSC (MCX:GAZP), which rose 2.40% or 3.22 points to trade at 137.19 at the close. Rostelekom PJSC (MCX:RTKM) added 0.78% or 0.57 points to end at 73.65 and Polyus PJSC (MCX:PLZL) was up 0.12% or 16.50 points to 13,524.50 in late trade.

Biggest losers included Moskovskiy Kreditnyi Bank PAO (MCX:CBOM), which lost 2.21% or 0.14 points to trade at 6.28 in late trade. PIK SHb PJSC (MCX:PIKK) declined 1.78% or 11.70 points to end at 644.30 and ADS Ozon Holdings PLC ORD SHS (MCX:OZONDR) shed 1.77% or 55.50 points to 3,082.50.

Declining stocks outnumbered rising ones by 160 to 84 and 10 ended unchanged on the Moscow Stock Exchange.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 5.19% to 28.58.

In commodities trading, Gold Futures for December delivery was up 0.43% or 11.50 to $2,690.40 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.18% or 0.13 to hit $70.71 a barrel, while the December Brent oil contract rose 0.01% or 0.01 to trade at $74.53 a barrel.

USD/RUB was unchanged 0.00% to 97.50, while EUR/RUB rose 0.02% to 105.93.

The US Dollar Index Futures was up 0.28% at 103.34.