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Russia stocks lower at close of trade

Published 03/16/2015, 12:45 PM
© Reuters.  Russia stocks lower at close of trade
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Investing.com – Russia stocks were lower after the close on Monday, as losses in the Power, Telecom and Manufacturing sectors led shares lower.

At the close in Moscow, the MICEX fell 1.11% to hit a new 1-month low.

The best performers of the session on the MICEX were ALROSA ao (MCX:ALRS), which rose 4.58% or 3.490 points to trade at 79.610 at the close. Meanwhile, RDR United Company RUSAL PLC (MCX:RUALR) added 2.90% or 11.10 points to end at 394.00 and Gruppa Cherkizovo ao (MCX:GCHE) was up 2.78% or 22.0 points to 813.0 in late trade.

The worst performers of the session were SG mechel (MCX:MTLR), which fell 10.57% or 8.72 points to trade at 73.78 at the close. GidroOGK-011D (MCX:HYDR) declined 4.60% or 0.0261 points to end at 0.5408 and Mos obl sb (MCX:MSRS) was down 4.50% or 0.0500 points to 1.0600.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 133 to 57 and 4 ended unchanged.

The Russian VIX, which measures the implied volatility of options, was down 7.19% to 50.220.

Gold for April delivery was down 0.04% or 0.50 to $1151.90 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in May fell 2.95% or 1.39 to hit $45.67 a barrel, while the May Brent Oil contract fell 3.01% or 1.66 to trade at $53.35 a barrel.

USD/RUB was up 0.37% to 62.480, while EUR/RUB rose 1.44% to 66.273.

The US Dollar Index was down 0.81% at 99.90.

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