Investing.com – Russia stocks were higher after the close on Wednesday, as gains in the Telecoms, Oil & Gas and Power sectors led shares higher.
At the close in Moscow, the MOEX Russia rose 1.01%.
The best performers of the session on the MOEX Russia were Sberbank Rossii PAO (MCX:SBER), which rose 4.02% or 8.04 points to trade at 207.95 at the close. Meanwhile, United Company Rusal Plc (MCX:RUAL) added 3.76% or 0.890 points to end at 24.530 and Sberbank Rossii OAO Pref (MCX:SBER_p) was up 3.02% or 5.39 points to 183.66 in late trade.
The worst performers of the session were X5 Retail Group NV (MCX:FIVEDR), which fell 3.04% or 53.0 points to trade at 1690.0 at the close. Severstal - ao (MCX:CHMF) declined 1.81% or 17.10 points to end at 925.30 and MMK (MCX:MAGN) was down 1.50% or 0.665 points to 43.680.
Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 115 to 91 and 19 ended unchanged.
The Russian VIX, which measures the implied volatility of MOEX Russia options, was up 2.86% to 24.480.
Gold Futures for August delivery was down 0.31% or 3.90 to $1256.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 3.42% or 2.41 to hit $72.94 a barrel, while the September Brent oil contract rose 2.11% or 1.61 to trade at $77.75 a barrel.
USD/RUB was up 0.16% to 63.1318, while EUR/RUB fell 0.44% to 73.1014.
The US Dollar Index Futures was up 0.52% at 94.85.