Investing.com – Russia stocks were lower after the close on Wednesday, as losses in the Mining, Power and Telecoms sectors led shares lower.
At the close in Moscow, the MICEX lost 1.41%.
The best performers of the session on the MICEX were Surgut (MCX:SNGS), which rose 4.21% or 1.155 points to trade at 28.600 at the close. Meanwhile, Surgut-pref (MCX:SNGS_p) added 3.02% or 0.850 points to end at 29.000 and AK Transneft OAO Pref (MCX:TRNF_p) was up 2.06% or 3150 points to 156300 in late trade.
The worst performers of the session were Lukoil (MCX:LKOH), which fell 3.96% or 123.0 points to trade at 2983.0 at the close. MMK (MCX:MAGN) declined 3.59% or 1.150 points to end at 30.860 and RusHydro JSC (MCX:HYDR) was down 3.01% or 0.0243 points to 0.7837.
Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 135 to 85 and 21 ended unchanged.
The Russian VIX, which measures the implied volatility of MICEX options, was down 1.85% to 24.980.
Gold for December delivery was up 1.55% or 20.00 to $1308.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 3.15% or 1.47 to hit $45.20 a barrel, while the January Brent oil contract fell 3.12% or 1.50 to trade at $46.64 a barrel.
USD/RUB was up 0.74% to 63.7903, while EUR/RUB rose 1.26% to 70.870.
The US Dollar Index was down 0.51% at 97.26.