Investing.com – Russia stocks were higher after the close on Wednesday, as gains in the Power, Oil & Gas and Mining sectors led shares higher.
At the close in Moscow, the MICEX rose 1.66%.
The best performers of the session on the MICEX were Inter rao ees (MCX:IRAO), which rose 7.67% or 0.1745 points to trade at 2.4500 at the close. Meanwhile, Magnit (MCX:MGNT) added 4.82% or 400.0 points to end at 8700.0 and AFK Sistema (MCX:AFKS) was up 4.58% or 0.900 points to 20.540 in late trade.
The worst performers of the session were Gruppa Cherkizovo ao (MCX:GCHE), which fell 0.92% or 8.0 points to trade at 860.0 at the close. Surgut-pref (MCX:SNGS_p) declined 0.89% or 0.345 points to end at 38.400 and Uralkaliy (MCX:URKA) was down 0.67% or 1.20 points to 178.45.
Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 131 to 85 and 21 ended unchanged.
The Russian VIX, which measures the implied volatility of MICEX options, was down 1.47% to 34.130.
Gold for August delivery was up 0.70% or 9.25 to $1327.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 2.90% or 1.39 to hit $49.24 a barrel, while the September Brent oil contract rose 2.88% or 1.42 to trade at $50.68 a barrel.
USD/RUB was down 0.46% to 63.7846, while EUR/RUB fell 0.17% to 70.791.
The US Dollar Index was down 0.41% at 95.80.