Investing.com – Russia equities were higher at the close on Monday, as gains in the Mining, Telecoms and Oil & Gas sectors propelled shares higher.
At the close in Moscow, the MICEX added 1.67% to hit a new 5-year high.
The biggest gainers of the session on the MICEX were Rosseti ao (MCX:RSTI), which rose 5.10% or 0.0272 points to trade at 0.5609 at the close. Polymetal International PLC (MCX:POLY) added 3.96% or 28.50 points to end at 748.00 and VTB (MCX:VTBR) was up 3.49% or 0.0026 points to 0.0771 in late trade.
Biggest losers included Gruppa Cherkizovo ao (MCX:GCHE), which lost 1.11% or 11.0 points to trade at 980.0 in late trade. Rosneft (MCX:ROSN) declined 0.41% or 1.25 points to end at 301.00 and Akron (MCX:AKRN) shed 0.40% or 15.0 points to 3710.0.
Advancing stocks outnumbered falling ones by 141 to 73 and 19 ended unchanged on the Moscow Stock Exchange.
The Russian VIX, which measures the implied volatility of MICEX options, was up 6.87% to 44.780.
In commodities trading, Gold for April delivery was down 0.69% or 8.80 to $1261.90 a troy ounce. Meanwhile, Crude oil for delivery in April rose 5.54% or 1.99 to hit $37.91 a barrel, while the May Brent oil contract rose 5.68% or 2.20 to trade at $40.92 a barrel.
USD/RUB was down 1.02% to 71.2997, while EUR/RUB fell 1.29% to 78.561.
The US Dollar Index was down 0.14% at 97.11.