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Russia stocks higher at close of trade; MICEX up 2.73%

Published 11/17/2015, 12:45 PM
Updated 11/17/2015, 12:45 PM
© Reuters.  Russia stocks higher at close of trade; MICEX up 2.73%

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

At the close in Moscow, the MICEX rose 2.73% to hit a new 6-months high.

The best performers of the session on the MICEX were Sberbank (MCX:SBER), which rose 6.99% or 6.70 points to trade at 102.50 at the close. Meanwhile, MTS (MCX:MTSS) added 5.43% or 10.80 points to end at 209.85 and Sberbank Rossii OAO Pref (MCX:SBER_p) was up 5.19% or 3.70 points to 75.00 in late trade.

The worst performers of the session were MMK (MCX:MAGN), which fell 1.56% or 0.330 points to trade at 20.770 at the close. NLMK ao (MCX:NLMK) declined 1.27% or 0.91 points to end at 71.01 and Severstal - ao (MCX:CHMF) was down 1.20% or 8.60 points to 706.00.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 138 to 88 and 6 ended unchanged.

Shares in Sberbank (MCX:SBER) rose to 52-week highs; rising 6.99% or 6.70 to 102.50. Shares in Sberbank Rossii OAO Pref (MCX:SBER_p) rose to 52-week highs; rising 5.19% or 3.70 to 75.00.

The Russian VIX, which measures the implied volatility of MICEX options, was down 2.80% to 33.640.

Gold for December delivery was down 1.39% or 15.10 to $1068.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 2.11% or 0.88 to hit $40.86 a barrel, while the January Brent oil contract fell 1.67% or 0.74 to trade at $43.81 a barrel.

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USD/RUB was down 0.25% to 64.940, while EUR/RUB fell 1.00% to 69.150.

The US Dollar Index was up 0.23% at 99.70.

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