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Russia stocks lower at close of trade; MICEX down 0.44%

Published 07/07/2015, 12:45 PM
© Reuters.  Russia stocks lower at close of trade; MICEX down 0.44%
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Investing.com – Russia stocks were lower after the close on Tuesday, as losses in the Telecoms, Mining and Oil & Gas sectors led shares lower.

At the close in Moscow, the MICEX declined 0.44% to hit a new 1-month low.

The best performers of the session on the MICEX were MMK (MCX:MAGN), which rose 7.27% or 1.111 points to trade at 16.400 at the close. Meanwhile, Akron (MCX:AKRN) added 4.11% or 93.0 points to end at 2354.0 and FSK EES (MCX:FEES) was up 3.03% or 0.0019 points to 0.0639 in late trade.

The worst performers of the session were AFK Sistema (MCX:AFKS), which fell 4.80% or 0.920 points to trade at 18.250 at the close. Yandex NV (MCX:YNDX) declined 4.65% or 40.00 points to end at 820.00 and Polymetal International PLC (MCX:POLY) was down 4.32% or 19.50 points to 431.50.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 112 to 80 and 9 ended unchanged.

Shares in MMK (MCX:MAGN) rose to 3-years highs; up 7.27% or 1.111 to 16.400. Shares in Yandex NV (MCX:YNDX) fell to all time lows; losing 4.65% or 40.00 to 820.00.

The Russian VIX, which measures the implied volatility of MICEX options, was down 0.24% to 37.380.

Gold for August delivery was down 0.98% or 11.40 to $1155.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.64% or 0.87 to hit $52.14 a barrel, while the August Brent oil contract fell 0.92% or 0.53 to trade at $56.63 a barrel.

USD/RUB was up 0.51% to 57.189, while EUR/RUB fell 0.48% to 62.603.

The US Dollar Index was up 0.87% at 97.27.

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