Investing.com – Russia stocks were higher after the close on Wednesday, as gains in the Mining, Power and Telecoms sectors led shares higher.
At the close in Moscow, the MICEX gained 0.38% to hit a new all time high.
The best performers of the session on the MICEX were Gruppa LSR PAO (MCX:LSRG), which rose 3.39% or 32.0 points to trade at 977.0 at the close. Meanwhile, NLMK ao (MCX:NLMK) added 3.26% or 3.81 points to end at 120.51 and United Company Rusal Plc (MCX:RUAL) was up 2.91% or 0.830 points to 29.370 in late trade.
The worst performers of the session were ALROSA ao (MCX:ALRS), which fell 2.11% or 1.970 points to trade at 91.260 at the close. RusHydro JSC (MCX:HYDR) declined 1.69% or 0.0160 points to end at 0.9290 and Verhnesald MPO (MCX:VSMO) was down 1.65% or 230.0 points to 13720.0.
Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 123 to 99 and 21 ended unchanged.
Shares in Gruppa LSR PAO (MCX:LSRG) rose to 5-year highs; up 3.39% or 32.0 to 977.0. Shares in United Company Rusal Plc (MCX:RUAL) rose to 52-week highs; gaining 2.91% or 0.830 to 29.370.
The Russian VIX, which measures the implied volatility of MICEX options, was up 7.91% to 25.640.
Gold for February delivery was up 0.74% or 8.65 to $1178.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.51% or 0.77 to hit $50.16 a barrel, while the February Brent oil contract fell 1.09% or 0.59 to trade at $53.34 a barrel.
USD/RUB was down 0.30% to 63.6875, while EUR/RUB rose 0.07% to 68.487.
The US Dollar Index was down 0.22% at 100.29.