Investing.com – Russia stocks were higher after the close on Wednesday, as gains in the Power, Oil & Gas and Mining sectors led shares higher.
At the close in Moscow, the MICEX rose 1.24%.
The best performers of the session on the MICEX were Rostelecom (MCX:RTKM), which rose 4.10% or 3.87 points to trade at 98.35 at the close. Meanwhile, Rosneft (MCX:ROSN) added 3.85% or 11.40 points to end at 307.80 and AK Transneft OAO Pref (MCX:TRNF_p) was up 3.60% or 6500 points to 187000 in late trade.
The worst performers of the session were Ros Agro PLC (MCX:AGRO), which fell 3.68% or 45 points to trade at 1177 at the close. Lenta Ltd (MCX:LNTA) declined 2.49% or 11 points to end at 430 and Magnit (MCX:MGNT) was down 1.56% or 165.0 points to 10410.0.
Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 127 to 92 and 22 ended unchanged.
Shares in Rostelecom (MCX:RTKM) rose to 52-week highs; rising 4.10% or 3.87 to 98.35.
The Russian VIX, which measures the implied volatility of MICEX options, was up 3.57% to 36.580.
Gold for June delivery was down 0.69% or 8.60 to $1228.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.65% or 0.25 to hit $38.53 a barrel, while the June Brent oil contract rose 1.03% or 0.41 to trade at $40.26 a barrel.
USD/RUB was down 0.30% to 67.8843, while EUR/RUB fell 0.32% to 76.894.
The US Dollar Index was down 0.30% at 94.88.