Russia stocks higher at close of trade; MICEX up 0.07%

Investing.com

Published May 17, 2017 12:35PM ET

Russia stocks higher at close of trade; MICEX up 0.07%

Investing.com – Russia stocks were higher after the close on Wednesday, as gains in the Telecoms, Power and Mining sectors led shares higher.

At the close in Moscow, the MICEX added 0.07%.

The best performers of the session on the MICEX were FSK EES (MCX:FEES), which rose 3.81% or 0.0070 points to trade at 0.1909 at the close. Meanwhile, Rosseti ao (MCX:RSTI) added 2.70% or 0.0239 points to end at 0.9078 and Polymetal International PLC (MCX:POLY) was up 2.65% or 20.00 points to 775.00 in late trade.

The worst performers of the session were AK Transneft OAO Pref (MCX:TRNF_p), which fell 4.41% or 7850 points to trade at 170250 at the close. MMK (MCX:MAGN) declined 2.25% or 0.730 points to end at 31.770 and Inter rao ees (MCX:IRAO) was down 2.12% or 0.0840 points to 3.8760.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 112 to 102 and 19 ended unchanged.

The Russian VIX, which measures the implied volatility of MICEX options, was up 3.16% to 24.460.

Gold Futures for June delivery was up 1.71% or 21.19 to $1257.59 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.95% or 0.46 to hit $49.12 a barrel, while the July Brent oil contract rose 1.14% or 0.59 to trade at $52.24 a barrel.

USD/RUB was up 0.48% to 56.8441, while EUR/RUB rose 1.42% to 63.333.

The US Dollar Index Futures was down 0.59% at 97.52.

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