Investing.com – Russia stocks were higher after the close on Wednesday, as gains in the Manufacturing, Telecoms and Oil & Gas sectors led shares higher.
At the close in Moscow, the MICEX gained 1.26%.
The best performers of the session on the MICEX were Sberbank (MCX:SBER), which rose 3.26% or 3.90 points to trade at 123.45 at the close. Meanwhile, Moskovskaya Birzha OAO (MCX:MOEX) added 3.15% or 3.24 points to end at 106.04 and Surgut (MCX:SNGS) was up 2.97% or 0.980 points to 33.980 in late trade.
The worst performers of the session were Ros Agro PLC (MCX:AGRO), which fell 4.18% or 41 points to trade at 940 at the close. AK Transneft OAO Pref (MCX:TRNF_p) declined 2.83% or 5900 points to end at 202300 and Bashneft ANK ao (MCX:BANE) was down 2.06% or 60.5 points to 2873.5.
Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 130 to 92 and 17 ended unchanged.
The Russian VIX, which measures the implied volatility of MICEX options, was down 6.48% to 31.750 a new 3-months low.
Gold for June delivery was up 0.57% or 7.20 to $1272.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.96% or 1.32 to hit $45.98 a barrel, while the July Brent oil contract rose 3.58% or 1.63 to trade at $47.15 a barrel.
USD/RUB was down 1.82% to 65.0767, while EUR/RUB fell 1.29% to 74.384.
The US Dollar Index was down 0.49% at 93.76.