Russia shares higher at close of trade; MOEX Russia Index up 1.79%

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

At the close in Moscow, the MOEX Russia Index gained 1.79%.

The biggest gainers of the session on the MOEX Russia Index were ADS Ozon Holdings PLC ORD SHS (MCX:OZONDR), which rose 5.95% or 162.50 points to trade at 2,891.50 at the close. AK ALROSA PJSC (MCX:ALRS) added 4.80% or 2.33 points to end at 50.87 and Unipro PJSC (MCX:UPRO) was up 4.76% or 0.08 points to 1.70 in late trade.

Biggest losers included Polyus PJSC (MCX:PLZL), which lost 3.37% or 513.50 points to trade at 14,718.50 in late trade. PIK SHb PJSC (MCX:PIKK) declined 3.05% or 15.20 points to end at 483.00 and GDR Globaltrans Inves ORD SHS (MCX:GLTRDR) 0.00% or 0.00 points to 519.25.

Advancing stocks outnumbered falling ones by 198 to 48 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 down 1.82% to 37.25.

In commodities trading, Gold Futures for December delivery was down 2.97% or 81.80 to $2,667.90 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.25% or 0.18 to hit $71.81 a barrel, while the January Brent oil contract fell 0.58% or 0.44 to trade at $75.09 a barrel.

USD/RUB was down 0.59% to 97.22, while EUR/RUB fell 2.40% to 104.33.

The US Dollar Index Futures was up 1.66% at 105.04.