Investing.com – Russia stocks were lower after the close on Wednesday, as losses in the Telecoms, Power and Oil & Gas sectors led shares lower.
At the close in Moscow, the MICEX fell 0.38%.
The best performers of the session on the MICEX were Yandex NV (MCX:YNDX), which rose 2.29% or 31.50 points to trade at 1407.00 at the close. Meanwhile, Severstal - ao (MCX:CHMF) added 2.23% or 15.00 points to end at 689.00 and Inter rao ees (MCX:IRAO) was up 2.13% or 0.0530 points to 2.5430 in late trade.
The worst performers of the session were Uralkaliy (MCX:URKA), which fell 3.17% or 6.00 points to trade at 183.55 at the close. Rosseti ao (MCX:RSTI) declined 2.73% or 0.0173 points to end at 0.6175 and Magnit (MCX:MGNT) was down 2.54% or 221.0 points to 8488.0.
Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 117 to 90 and 27 ended unchanged.
Shares in Inter rao ees (MCX:IRAO) rose to 3-years highs; gaining 2.13% or 0.0530 to 2.5430. Shares in Magnit (MCX:MGNT) fell to 52-week lows; falling 2.54% or 221.0 to 8488.0.
The Russian VIX, which measures the implied volatility of MICEX options, was up 0.81% to 37.440 a new 1-month high.
Gold for August delivery was down 0.11% or 1.45 to $1271.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.26% or 0.63 to hit $49.22 a barrel, while the August Brent oil contract fell 1.30% or 0.66 to trade at $49.96 a barrel.
USD/RUB was up 0.91% to 64.3630, while EUR/RUB rose 1.48% to 72.827.
The US Dollar Index was down 0.53% at 93.66.