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Russia stocks lower at close of trade; MICEX down 0.59%

Published 11/11/2016, 12:35 PM
Updated 11/11/2016, 12:35 PM
© Reuters.  Russia stocks lower at close of trade; MICEX down 0.59%

Investing.com – Russia stocks were lower after the close on Friday, as losses in the Power, Oil & Gas and Telecoms sectors led shares lower.

At the close in Moscow, the MICEX lost 0.59%.

The best performers of the session on the MICEX were United Company Rusal Plc (MCX:RUAL), which rose 7.07% or 1.790 points to trade at 27.100 at the close. Meanwhile, NLMK ao (MCX:NLMK) added 4.16% or 4.69 points to end at 117.35 and Akron (MCX:AKRN) was up 3.28% or 100.0 points to 3150.0 in late trade.

The worst performers of the session were Tatneft-3 (MCX:TATN), which fell 4.68% or 17.55 points to trade at 357.45 at the close. AK Transneft OAO Pref (MCX:TRNF_p) declined 3.88% or 6400 points to end at 158600 and Tatneft OAO Pref (MCX:TATN_p) was down 3.49% or 6.90 points to 191.00.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 134 to 94 and 16 ended unchanged.

Shares in United Company Rusal Plc (MCX:RUAL) rose to 52-week highs; rising 7.07% or 1.790 to 27.100. Shares in NLMK ao (MCX:NLMK) rose to 5-year highs; rising 4.16% or 4.69 to 117.35.

The Russian VIX, which measures the implied volatility of MICEX options, was down 1.19% to 28.960 a new 1-month high.

Gold for December delivery was down 2.59% or 32.85 to $1233.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 2.80% or 1.25 to hit $43.41 a barrel, while the January Brent oil contract fell 2.73% or 1.25 to trade at $44.59 a barrel.

USD/RUB was up 0.59% to 65.8810, while EUR/RUB fell 0.05% to 71.400.

The US Dollar Index was up 0.26% at 99.05.

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