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Russia stocks higher at close of trade

Published 03/03/2015, 11:45 AM
Updated 03/03/2015, 12:25 PM
© Reuters.  Russia stocks higher at close of trade
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Investing.com – Russia stocks were higher after the close on Tuesday, as gains in the Mining, Telecom and Oil and Gas sectors led shares higher.

At the close in Moscow, the RTSI rose 1.49%, while the MICEX index climbed 1.37%.

The best performers of the session on the RTSI were MMK (MCX:MAGN), which rose 6.50% or 0.970 points to trade at 15.900 at the close. Meanwhile, DIXY Group ao (MCX:DIXY) added 5.06% or 23.80 points to end at 494.30 and ALROSA ao (MCX:ALRS) was up 4.50% or 3.100 points to 72.050 in late trade.

The worst performers of the session were Moskovskaya Birzha OAO (MCX:MOEX), which fell 1.49% or 1.13 points to trade at 74.88 at the close. MegaFon OAO (MCX:MFON) declined 0.95% or 10.00 points to end at 1041.00 and Mos obl sb (MCX:MSRS) was down 0.88% or 0.0100 points to 1.1350.

The top performers on the MICEX were MMK (MCX:MAGN) which rose 6.50% to 15.900, DIXY Group ao (MCX:DIXY) which was up 5.06% to settle at 494.30 and ALROSA ao (MCX:ALRS) which gained 4.50% to close at 72.050.

The worst performers were Moskovskaya Birzha OAO (MCX:MOEX) which was down 1.49% to 74.88 in late trade, MegaFon OAO (MCX:MFON) which lost 0.95% to settle at 1041.00 and Mos obl sb (MCX:MSRS) which was down 0.88% to 1.1350 at the close.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 84 to 64 and 7 ended unchanged.

Shares in MMK (MCX:MAGN) rose to 3-year highs; gaining 6.50% or 0.970 to 15.900. Shares in DIXY Group ao (MCX:DIXY) rose to all time highs; gaining 5.06% or 23.80 to 494.30. Shares in MMK (MCX:MAGN) rose to 3-year highs; up 6.50% or 0.970 to 15.900. Shares in DIXY Group ao (MCX:DIXY) rose to all time highs; gaining 5.06% or 23.80 to 494.30.

Gold for April delivery was down 0.42% or 5.10 to $1203.10 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in April rose 1.84% or 0.91 to hit $50.50 a barrel, while the April Brent Oil contract rose 2.65% or 1.57 to trade at $61.12 a barrel.

USD/RUB was down 1.32% to 61.895, while EUR/RUB fell 1.06% to 69.327.

The US Dollar Index was down 0.26% at 95.27.

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