Investing.com – Russia stocks were lower after the close on Wednesday, as losses in the Oil & Gas, Power and Telecoms sectors led shares lower.
At the close in Moscow, the MICEX lost 1.03%.
The best performers of the session on the MICEX were Polyus Gold International Ltd (MCX:PGIL), which rose 3.93% or 7.40 points to trade at 195.50 at the close. Meanwhile, Akron (MCX:AKRN) added 2.08% or 56.0 points to end at 2752.0 and RusHydro JSC (MCX:HYDR) was up 1.91% or 0.0100 points to 0.5340 in late trade.
The worst performers of the session were Verhnesald MPO (MCX:VSMO), which fell 4.16% or 490.0 points to trade at 11280.0 at the close. Polymetal International PLC (MCX:POLY) declined 3.63% or 17.50 points to end at 464.50 and SG mechel (MCX:MTLR) was down 3.22% or 1.89 points to 56.81.
Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 141 to 62 and 6 ended unchanged.
The Russian VIX, which measures the implied volatility of MICEX options, was up 2.97% to 38.880 a new 1-month high.
Gold for December delivery was up 1.08% or 12.10 to $1129.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 4.29% or 1.85 to hit $41.27 a barrel, while the October Brent oil contract fell 3.27% or 1.59 to trade at $47.22 a barrel.
USD/RUB was up 0.81% to 66.376, while EUR/RUB rose 0.98% to 73.303.
The US Dollar Index was down 0.14% at 96.85.