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Russian Federation stocks lower at close of trade

Published 12/23/2014, 11:45 AM
© Reuters. Russian Federation stocks lower at close of trade
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Investing.com – Russian Federation stocks were lower after the close on Tuesday, as losses in the Mining, Telecom and Manufacturing sectors led shares lower.

At the close in Moscow, the RTSI fell 1.98%, while the MICEX index fell 2.71%.

The best performers of the session on the RTSI were Transneft (pref) (MCX:TRNF_p), which rose 12.43% or 13610.0 points to trade at 123110.0 at the close. Meanwhile, FSK EES (MCX:FEES) added 6.37% or 0.0028 points to end at 0.0476 and Bashneft ANK ap (pref) (MCX:BANE_p) was up 5.12% or 44.0 points to 904.0 in late trade.

The worst performers of the session were AFK Sistema (MCX:AFKS), which fell 12.12% or 1.490 points to trade at 10.800 at the close. MMC Norilsk Nickel (MCX:GMKN) declined 8.52% or 750.0 points to end at 8049.0 and MMK (MCX:MAGN) was down 8.11% or 1.010 points to 11.440.

The top performers on the MICEX were Transneft (pref) (MCX:TRNF_p) which rose 12.43% to 123110.0, FSK EES (MCX:FEES) which was up 6.37% to settle at 0.0476 and Bashneft ANK ap (pref) (MCX:BANE_p) which gained 5.12% to close at 904.0.
The worst performers were AFK Sistema (MCX:AFKS) which was down 12.12% to 10.800 in late trade, MMC Norilsk Nickel (MCX:GMKN) which lost 8.52% to settle at 8049.0 and MMK (MCX:MAGN) which was down 8.11% to 11.440 at the close.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 84 to 59 and 6 ended unchanged.

Gold for February delivery was down 0.14% or 1.60 to $1178.20 a troy ounce.
Elsewhere in commodities trading, crude oil for delivery in February rose 1.83% or 1.01 to hit $56.27 a barrel, while the February brent oil contract rose 1.09% or 0.66 to trade at $60.77 a barrel.

USD/RUB was down 2.37% to 54.538, while EUR/RUB fell 2.51% to 66.495.

The US Dollar Index was up 0.40% at 90.30.

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