Investing.com – Russia stocks were lower after the close on Wednesday, as losses in the Telecoms, Oil & Gas and Mining sectors led shares lower.
At the close in Moscow, the MICEX declined 0.94%.
The best performers of the session on the MICEX were Inter rao ees (MCX:IRAO), which rose 5.63% or 0.2185 points to trade at 4.0995 at the close. Meanwhile, Polymetal International PLC (MCX:POLY) added 2.95% or 19.00 points to end at 662.50 and AFK Sistema (MCX:AFKS) was up 1.96% or 0.450 points to 23.395 in late trade.
The worst performers of the session were Rosneft (MCX:ROSN), which fell 3.12% or 13.10 points to trade at 406.40 at the close. Lukoil (MCX:LKOH) declined 2.67% or 95.5 points to end at 3479.5 and Sberbank (MCX:SBER) was down 2.32% or 4.17 points to 175.95.
Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 115 to 102 and 15 ended unchanged.
Shares in Inter rao ees (MCX:IRAO) rose to 5-year highs; up 5.63% or 0.2185 to 4.0995.
The Russian VIX, which measures the implied volatility of MICEX options, was up 5.14% to 26.160.
Gold for February delivery was up 0.33% or 3.85 to $1165.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.51% or 0.79 to hit $53.12 a barrel, while the March Brent oil contract rose 1.46% or 0.81 to trade at $56.28 a barrel.
USD/RUB was down 0.70% to 60.4846, while EUR/RUB rose 0.12% to 63.330.
The US Dollar Index was down 0.60% at 102.62.