Investing.com – Russia stocks were higher after the close on Wednesday, as gains in the Oil & Gas, Mining and Telecoms sectors led shares higher.
At the close in Moscow, the MICEX added 0.95% to hit a new all time high.
The best performers of the session on the MICEX were MMK (MCX:MAGN), which rose 4.99% or 1.650 points to trade at 34.700 at the close. Meanwhile, AK Transneft OAO Pref (MCX:TRNF_p) added 4.96% or 7850 points to end at 166000 and Yandex NV (MCX:YNDX) was up 4.33% or 51.00 points to 1228.00 in late trade.
The worst performers of the session were Akron (MCX:AKRN), which fell 1.34% or 45.0 points to trade at 3315.0 at the close. Inter rao ees (MCX:IRAO) declined 1.32% or 0.0535 points to end at 3.9900 and Polymetal International PLC (MCX:POLY) was down 1.23% or 7.50 points to 601.00.
Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 125 to 97 and 24 ended unchanged.
Shares in MMK (MCX:MAGN) rose to 5-year highs; rising 4.99% or 1.650 to 34.700.
The Russian VIX, which measures the implied volatility of MICEX options, was down 3.22% to 24.380.
Gold for December delivery was down 1.84% or 22.25 to $1188.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.17% or 0.08 to hit $48.11 a barrel, while the January Brent oil contract rose 0.08% or 0.04 to trade at $49.16 a barrel.
USD/RUB was up 1.11% to 64.4710, while EUR/RUB rose 0.53% to 68.092.
The US Dollar Index was up 0.52% at 101.62.