Investing.com – Russia stocks were higher after the close on Wednesday, as gains in the Telecom, Oil and Gas and Manufacturing sectors led shares higher.
At the close in Moscow, the MICEX rose 1.27%.
The best performers of the session on the MICEX were SG mechel (MCX:MTLR), which rose 7.32% or 5.32 points to trade at 78.00 at the close. Meanwhile, PIK (MCX:PIKK) added 6.03% or 10.30 points to end at 181.00 and Tatneft (pref) (MCX:TATN_p) was up 5.43% or 8.50 points to 165.00 in late trade.
The worst performers of the session were FSK EES (MCX:FEES), which fell 4.63% or 0.0036 points to trade at 0.0746 at the close. Gruppa Cherkizovo ao (MCX:GCHE) declined 4.10% or 34.0 points to end at 796.0 and ALROSA ao (MCX:ALRS) was down 3.99% or 3.300 points to 79.500.
Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 104 to 88 and 11 ended unchanged.
The Russian VIX, which measures the implied volatility of options, was down 3.58% to 44.210.
Gold for April delivery was up 0.38% or 4.40 to $1152.60 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in May fell 1.22% or 0.55 to hit $44.64 a barrel, while the May Brent Oil contract rose 1.39% or 0.74 to trade at $54.26 a barrel.
USD/RUB was down 1.40% to 60.613, while EUR/RUB fell 0.85% to 64.597.
The US Dollar Index was down 0.48% at 99.56.