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Russia stocks lower at close of trade; MICEX down 0.01%

Published 08/12/2015, 12:45 PM
© Reuters.  Russia stocks lower at close of trade; MICEX down 0.01%
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Investing.com – Russia stocks were lower after the close on Wednesday, as losses in the Telecoms, Mining and Power sectors led shares lower.

At the close in Moscow, the MICEX declined 0.01%.

The best performers of the session on the MICEX were Verhnesald MPO (MCX:VSMO), which rose 8.96% or 860.0 points to trade at 10460.0 at the close. Meanwhile, Pharmstandard JSC (MCX:PHST) added 2.37% or 25.0 points to end at 1080.0 and Akron (MCX:AKRN) was up 1.98% or 53.0 points to 2736.0 in late trade.

The worst performers of the session were MMK (MCX:MAGN), which fell 3.36% or 0.695 points to trade at 20.005 at the close. MMC Norilsk Nickel (MCX:GMKN) declined 3.11% or 316.0 points to end at 9850.0 and Yandex NV (MCX:YNDX) was down 2.47% or 21.00 points to 830.00.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 107 to 95 and 11 ended unchanged.

Shares in Verhnesald MPO (MCX:VSMO) rose to all time highs; rising 8.96% or 860.0 to 10460.0. Shares in Akron (MCX:AKRN) rose to 5-year highs; rising 1.98% or 53.0 to 2736.0.

The Russian VIX, which measures the implied volatility of MICEX options, was up 1.28% to 35.630.

Gold for December delivery was up 1.45% or 16.10 to $1123.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.14% or 0.06 to hit $43.14 a barrel, while the October Brent oil contract rose 0.61% or 0.30 to trade at $50.02 a barrel.

USD/RUB was up 0.04% to 64.200, while EUR/RUB rose 1.25% to 71.831.

The US Dollar Index was down 1.12% at 96.14.

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