Investing.com – Russia equities were lower at the close on Wednesday, as losses in the Telecoms, Power and Oil & Gas sectors propelled shares lower.
At the close in Moscow, the MICEX lost 0.38%.
The biggest gainers of the session on the MICEX were Yandex NV (MCX:YNDX), which rose 2.29% or 31.50 points to trade at 1407.00 at the close. Severstal - ao (MCX:CHMF) added 2.23% or 15.00 points to end at 689.00 and Inter rao ees (MCX:IRAO) was up 2.13% or 0.0530 points to 2.5430 in late trade.
Biggest losers included Uralkaliy (MCX:URKA), which lost 3.17% or 6.00 points to trade at 183.55 in late trade. Rosseti ao (MCX:RSTI) declined 2.73% or 0.0173 points to end at 0.6175 and Magnit (MCX:MGNT) shed 2.54% or 221.0 points to 8488.0.
Declining stocks outnumbered rising ones by 117 to 90 and 27 ended unchanged on the Moscow Stock Exchange.
The Russian VIX, which measures the implied volatility of MICEX options, was up 0.81% to 37.440 a new 1-month high.
In commodities trading, Gold for August delivery was down 0.11% or 1.35 to $1271.15 a troy ounce. Meanwhile, Crude oil for delivery in August fell 1.24% or 0.62 to hit $49.23 a barrel, while the August Brent oil contract fell 1.26% or 0.64 to trade at $49.98 a barrel.
USD/RUB was up 0.90% to 64.3596, while EUR/RUB rose 1.48% to 72.827.
The US Dollar Index was down 0.53% at 93.66.