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Russia stocks higher at close of trade

Published 02/26/2015, 11:45 AM
Updated 02/26/2015, 11:45 AM
© Reuters.  Russia stocks higher at close of trade

Investing.com – Russia stocks were higher after the close on Thursday, as gains in the Power, Telecom and Oil and Gas sectors led shares higher.

At the close in Moscow, the RTSI rose 3.18%, while the MICEX index climbed 0.83%.

The best performers of the session on the RTSI were SG mechel (MCX:MTLR), which rose 14.49% or 10.58 points to trade at 83.58 at the close. Meanwhile, Inter rao ees (MCX:IRAO) added 7.40% or 0.0635 points to end at 0.9220 and GidroOGK-011D (MCX:HYDR) was up 7.39% or 0.0445 points to 0.6470 in late trade.

The worst performers of the session were ALROSA ao (MCX:ALRS), which fell 3.95% or 2.880 points to trade at 70.120 at the close. Polymetal International PLC (MCX:POLY) declined 3.26% or 18.00 points to end at 533.50 and Verhnesald MPO (MCX:VSMO) was down 2.61% or 260.0 points to 9700.0.

The top performers on the MICEX were SG mechel (MCX:MTLR) which rose 14.49% to 83.58, Inter rao ees (MCX:IRAO) which was up 7.40% to settle at 0.9220 and GidroOGK-011D (MCX:HYDR) which gained 7.39% to close at 0.6470.

The worst performers were ALROSA ao (MCX:ALRS) which was down 3.95% to 70.120 in late trade, Polymetal International PLC (MCX:POLY) which lost 3.26% to settle at 533.50 and Verhnesald MPO (MCX:VSMO) which was down 2.61% to 9700.0 at the close.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 101 to 46 and 1 ended unchanged.

Shares in SG mechel (MCX:MTLR) rose to 52-week highs; up 14.49% or 10.58 to 83.58. Shares in Inter rao ees (MCX:IRAO) rose to 3-year highs; rising 7.40% or 0.0635 to 0.9220. Shares in SG mechel (MCX:MTLR) rose to 52-week highs; gaining 14.49% or 10.58 to 83.58. Shares in Inter rao ees (MCX:IRAO) rose to 3-year highs; up 7.40% or 0.0635 to 0.9220.

Gold for April delivery was up 0.73% or 8.80 to $1210.30 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in April fell 3.20% or 1.63 to hit $49.36 a barrel, while the April Brent Oil contract fell 0.92% or 0.56 to trade at $61.06 a barrel.

USD/RUB was down 0.89% to 60.980, while EUR/RUB fell 1.95% to 68.389.

The US Dollar Index was up 1.05% at 95.23.

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