Russia stocks higher at close of trade; MOEX Russia Index up 1.16%

Investing.com – Russia stocks were higher after the close on Friday, as gains in the Telecoms, Oil & Gas and Mining sectors led shares higher.

At the close in Moscow, the MOEX Russia Index gained 1.16% to hit a new 3-months high.

The best performers of the session on the MOEX Russia Index were Rosneft PJSC (MCX:ROSN), which rose 2.79% or 13.25 points to trade at 488.00 at the close. Meanwhile, Moskovskiy Kreditnyi Bank PAO (MCX:CBOM) added 2.77% or 0.23 points to end at 8.41 and Rostelekom PJSC (MCX:RTKM) was up 2.74% or 1.90 points to 71.30 in late trade.

The worst performers of the session were MMC NORILSK NICKEL PJSC (MCX:GMKN), which fell 0.67% or 0.90 points to trade at 130.60 at the close. Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) declined 0.50% or 0.18 points to end at 35.97 and Surgutneftegas PJSC Pref (MCX:SNGS_p) was down 0.48% or 0.22 points to 45.44.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 119 to 112 and 20 ended unchanged.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 5.79% to 49.18 a new 3-months high.

Gold Futures for December delivery was down 0.05% or 1.65 to $3,381.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.27% or 0.81 to hit $63.15 a barrel, while the October Brent oil contract fell 1.05% or 0.70 to trade at $66.14 a barrel.

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USD/RUB was up 0.86% to 80.43, while EUR/RUB rose 0.99% to 93.79.

The US Dollar Index Futures was down 0.40% at 97.71.

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