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Russia shares lower at close of trade; MICEX down 0.71%

Published 2016-08-31, 12:35 p/m
© Reuters.  Russia shares lower at close of trade; MICEX down 0.71%
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Investing.com – Russia equities were lower at the close on Wednesday, as losses in the Mining, Oil & Gas and Telecoms sectors propelled shares lower.

At the close in Moscow, the MICEX declined 0.71%.

The biggest gainers of the session on the MICEX were Trubnaya Metallurgicheskaya Kompaniya OAO (MCX:TRMK), which rose 4.20% or 2.25 points to trade at 55.80 at the close. GidroOGK-011D (MCX:HYDR) added 4.16% or 0.0318 points to end at 0.7964 and Niznekamskneftekhim ao (MCX:NKNC) was up 3.06% or 1.900 points to 64.000 in late trade.

Biggest losers included Polymetal International PLC (MCX:POLY), which lost 3.48% or 33.00 points to trade at 914.00 in late trade. Severstal - ao (MCX:CHMF) declined 3.38% or 26.30 points to end at 752.00 and Moskovskaya Birzha OAO (MCX:MOEX) shed 2.73% or 3.56 points to 127.07.

Advancing stocks outnumbered falling ones by 117 to 111 and 26 ended unchanged on the Moscow Stock Exchange.

The Russian VIX, which measures the implied volatility of MICEX options, was down 0.71% to 27.880.

In commodities trading, Gold for December delivery was down 0.37% or 4.85 to $1311.65 a troy ounce. Meanwhile, Crude oil for delivery in October fell 3.43% or 1.59 to hit $44.76 a barrel, while the November Brent oil contract fell 3.41% or 1.66 to trade at $47.07 a barrel.

USD/RUB was up 0.10% to 65.3284, while EUR/RUB rose 0.12% to 72.937.

The US Dollar Index was down 0.07% at 95.98.

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