Investing.com – Russian Federation stocks were higher after the close on Thursday, as gains in the Telecom, Power and Oil and Gas sectors led shares higher.
At the close in Moscow, the RTSI rose 6.50%, while the MICEX index climbed 4.49%.
The best performers of the session on the RTSI were AFK Sistema (MCX:AFKS), which rose 106.20% or 7.020 points to trade at 13.630 at the close. Meanwhile, MTS (MCX:MTSS) added 25.24% or 40.00 points to end at 198.50 and DIXY Group ao (MCX:DIXY) was up 18.37% or 61.00 points to 393.00 in late trade.
The worst performers of the session were RDR United Company RUSAL PLC (MCX:RUALR), which fell 7.91% or 31.40 points to trade at 365.60 at the close. PhosAgro ao (MCX:PHOR) declined 7.42% or 141.0 points to end at 1759.0 and ALROSA ao (MCX:ALRS) was down 4.52% or 2.520 points to 53.280.
The top performers on the MICEX were AFK Sistema (MCX:AFKS) which rose 106.20% to 13.630, MTS (MCX:MTSS) which was up 25.24% to settle at 198.50 and DIXY Group ao (MCX:DIXY) which gained 18.37% to close at 393.00.
The worst performers were RDR United Company RUSAL PLC (MCX:RUALR) which was down 7.91% to 365.60 in late trade, PhosAgro ao (MCX:PHOR) which lost 7.42% to settle at 1759.0 and ALROSA ao (MCX:ALRS) which was down 4.52% to 53.280 at the close.
Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 117 to 40 and 5 ended unchanged.
Gold for February delivery was up 0.19% or 2.30 to $1196.80 a troy ounce.
Elsewhere in commodities trading, crude oil for delivery in February fell 3.54% or 2.01 to hit $54.78 a barrel, while the February brent oil contract fell 2.74% or 1.68 to trade at $59.51 a barrel.
USD/RUB was down 5.30% to 61.596, while EUR/RUB rose 0.92% to 75.876.
The US Dollar Index was up 0.24% at 89.48.