Investing.com – Russia stocks were lower after the close on Wednesday, as losses in the Telecoms, Power and Mining sectors led shares lower.
At the close in Moscow, the MICEX lost 1.64%.
The best performers of the session on the MICEX were SG mechel (MCX:MTLR), which rose 2.44% or 4.15 points to trade at 174.20 at the close. Meanwhile, AK Transneft OAO Pref (MCX:TRNF_p) added 2.37% or 4500 points to end at 194500 and Megion (MCX:MFGS) was up 1.76% or 10.0 points to 577.0 in late trade.
The worst performers of the session were AFK Sistema (MCX:AFKS), which fell 36.92% or 8.230 points to trade at 14.060 at the close. MTS (MCX:MTSS) declined 10.40% or 28.70 points to end at 247.30 and Lukoil (MCX:LKOH) was down 3.28% or 94.0 points to 2770.0.
Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 145 to 62 and 20 ended unchanged.
Shares in AFK Sistema (MCX:AFKS) fell to 52-week lows; down 36.92% or 8.230 to 14.060.
The Russian VIX, which measures the implied volatility of MICEX options, was up 0.59% to 25.650.
Gold Futures for June delivery was down 0.55% or 6.93 to $1250.07 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.23% or 0.11 to hit $47.55 a barrel, while the July Brent oil contract rose 0.02% or 0.01 to trade at $50.47 a barrel.
USD/RUB was up 0.47% to 57.2806, while EUR/RUB rose 0.59% to 62.544.
The US Dollar Index Futures was up 0.16% at 98.94.