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 declined 1.68% to hit a new 6-months low.
The best performers of the session on the MICEX were NLMK ao (MCX:NLMK), which rose 6.39% or 6.94 points to trade at 115.50 at the close. Meanwhile, SG mechel (MCX:MTLR) added 6.15% or 9.00 points to end at 155.35 and Unipro (MCX:UPRO) was up 3.71% or 0.0930 points to 2.5970 in late trade.
The worst performers of the session were RusHydro JSC (MCX:HYDR), which fell 5.45% or 0.0450 points to trade at 0.7800 at the close. Surgut-pref (MCX:SNGS_p) declined 4.97% or 1.475 points to end at 28.225 and FSK EES (MCX:FEES) was down 4.95% or 0.0086 points to 0.1641.
Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 135 to 75 and 19 ended unchanged.
The Russian VIX, which measures the implied volatility of MICEX options, was down 1.47% to 25.550.
Gold Futures for June delivery was up 0.45% or 5.62 to $1267.72 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 2.46% or 1.22 to hit $48.44 a barrel, while the August Brent oil contract fell 2.51% or 1.31 to trade at $50.93 a barrel.
USD/RUB was up 0.32% to 56.7283, while EUR/RUB rose 0.76% to 63.868.
The US Dollar Index Futures was down 0.26% at 96.97.