Russia stocks higher at close of trade; MOEX Russia Index up 1.77%

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

At the close in Moscow, the MOEX Russia Index added 1.77%.

The best performers of the session on the MOEX Russia Index were Severstal PJSC (MCX:CHMF ), which rose 5.23% or 64.20 points to trade at 1,292.20 at the close. Meanwhile, Novolipetsk Steel (MCX:NLMK ) added 4.83% or 6.88 points to end at 149.34 and Mobil’nye Telesistemy PJSC (MCX:MTSS ) was up 4.64% or 9.45 points to 213.00 in late trade.

The worst performers of the session were Rosneft PJSC (MCX:ROSN ), which fell 2.06% or 11.85 points to trade at 562.95 at the close. Surgutneftegas PJSC (MCX:SNGS ) declined 1.95% or 0.47 points to end at 23.40 and Surgutneftegas PJSC Pref (MCX:SNGS_p ) was down 1.80% or 1.05 points to 57.24.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 200 to 44 and 8 ended unchanged.

The Russian Volatility Index – RVI , which measures the implied volatility of MOEX Russia Index options, was down 19.74% to 28.71 a new 1-month low.

Gold Futures for February delivery was up 0.99% or 26.76 to $2,717.56 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 3.75% or 2.77 to hit $76.69 a barrel, while the March Brent oil contract rose 3.72% or 2.86 to trade at $79.78 a barrel.

USD/RUB was down 0.49% to 101.75, while EUR/RUB fell 0.98% to 104.26.

The US Dollar Index Futures was up 0.43% at 109.47.

Source: Investing.com