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Russia stocks lower at close of trade; MICEX down 0.50%

Published 07/29/2016, 12:35 PM
© Reuters.  Russia stocks lower at close of trade; MICEX down 0.50%
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Investing.com – Russia stocks were lower after the close on Friday, as losses in the Oil & Gas, Manufacturing and Telecoms sectors led shares lower.

At the close in Moscow, the MICEX lost 0.50%.

The best performers of the session on the MICEX were Rosseti ao (MCX:RSTI), which rose 5.48% or 0.0454 points to trade at 0.8744 at the close. Meanwhile, NLMK ao (MCX:NLMK) added 3.32% or 3.06 points to end at 95.29 and Sberbank Rossii OAO Pref (MCX:SBER_p) was up 3.02% or 2.90 points to 98.80 in late trade.

The worst performers of the session were Yandex NV (MCX:YNDX), which fell 2.93% or 43.50 points to trade at 1442.00 at the close. Rosneft (MCX:ROSN) declined 2.54% or 8.50 points to end at 325.50 and MVideo (MCX:MVID) was down 2.28% or 7.50 points to 321.50.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 128 to 99 and 24 ended unchanged.

Shares in Rosseti ao (MCX:RSTI) rose to 52-week highs; gaining 5.48% or 0.0454 to 0.8744. Shares in NLMK ao (MCX:NLMK) rose to 3-years highs; gaining 3.32% or 3.06 to 95.29. Shares in Sberbank Rossii OAO Pref (MCX:SBER_p) rose to all time highs; up 3.02% or 2.90 to 98.80.

The Russian VIX, which measures the implied volatility of MICEX options, was down 0.20% to 24.920 a new 52-week low.

Gold for December delivery was up 1.00% or 13.45 to $1354.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.24% or 0.10 to hit $41.24 a barrel, while the October Brent oil contract fell 0.14% or 0.06 to trade at $43.17 a barrel.

USD/RUB was down 0.98% to 65.9484, while EUR/RUB fell 0.47% to 73.625.

The US Dollar Index was down 1.11% at 95.62.

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