💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Russia stocks higher at close of trade

Published 02/06/2015, 11:45 AM
© Reuters. Russia stocks higher at close of trade

Investing.com – Russia stocks were higher after the close on Friday, as gains in the Oil and Gas, Telecom and Mining sectors led shares higher.

At the close in Moscow, the RTSI rose 2.72%, while the MICEX index gained 3.50%.

The best performers of the session on the RTSI were RDR United Company RUSAL PLC (MCX:RUALR), which rose 9.41% or 44.20 points to trade at 514.00 at the close. Meanwhile, MegaFon OAO (MCX:MFON) added 9.05% or 90.00 points to end at 1085.00 and Magnit (MCX:MGNT) was up 8.21% or 840.0 points to 11075.0 in late trade.

The worst performers of the session were Verhnesald MPO (MCX:VSMO), which fell 3.26% or 330.0 points to trade at 9800.0 at the close. SG mechel (MCX:MTLR) declined 2.98% or 1.29 points to end at 41.99 and Uralkaliy (MCX:URKA) was down 0.66% or 1.15 points to 173.05.

The top performers on the MICEX were RDR United Company RUSAL PLC (MCX:RUALR) which rose 9.41% to 514.00, MegaFon OAO (MCX:MFON) which was up 9.05% to settle at 1085.00 and Magnit (MCX:MGNT) which gained 8.21% to close at 11075.0.

The worst performers were Verhnesald MPO (MCX:VSMO) which was down 3.26% to 9800.0 in late trade, SG mechel (MCX:MTLR) which lost 2.98% to settle at 41.99 and Uralkaliy (MCX:URKA) which was down 0.66% to 173.05 at the close.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 102 to 42 and 8 ended unchanged.

Gold for April delivery was down 2.52% or 31.80 to $1230.90 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in March rose 2.30% or 1.16 to hit $51.64 a barrel, while the March Brent Oil contract rose 2.34% or 1.32 to trade at $57.90 a barrel.

USD/RUB was up 0.79% to 67.073, while EUR/RUB fell 0.39% to 76.077.

The US Dollar Index was up 1.11% at 94.70.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.