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 added 2.22% to hit a new 1-month high.
The best performers of the session on the MICEX were Gazprom (MCX:GAZP), which rose 4.52% or 6.30 points to trade at 145.62 at the close. Meanwhile, Inter rao ees (MCX:IRAO) added 4.31% or 0.1500 points to end at 3.6300 and RusHydro JSC (MCX:HYDR) was up 3.53% or 0.0269 points to 0.7898 in late trade.
The worst performers of the session were Magnit (MCX:MGNT), which fell 2.12% or 209.0 points to trade at 9651.0 at the close. Niznekamskneftekhim ao (MCX:NKNC) declined 1.18% or 0.900 points to end at 75.400 and MVideo (MCX:MVID) was down 0.73% or 2.40 points to 326.70.
Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 147 to 76 and 21 ended unchanged.
Shares in Inter rao ees (MCX:IRAO) rose to 5-year highs; rising 4.31% or 0.1500 to 3.6300.
The Russian VIX, which measures the implied volatility of MICEX options, was up 7.48% to 28.460 a new 1-month high.
Gold for December delivery was up 0.29% or 3.70 to $1278.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.56% or 0.70 to hit $45.68 a barrel, while the January Brent oil contract rose 1.37% or 0.63 to trade at $46.67 a barrel.
USD/RUB was up 0.08% to 63.8107, while EUR/RUB fell 1.08% to 69.784.
The US Dollar Index was up 0.57% at 98.44.