Russia stocks higher at close of trade; MOEX Russia Index up 2.45%

Investing.com – Russia stocks were higher after the close on Monday, as gains in the Oil & Gas , Mining and Telecoms sectors led shares higher.

At the close in Moscow, the MOEX Russia Index rose 2.45% to hit a new 1-month high.

The best performers of the session on the MOEX Russia Index were PhosAgro PJSC (MCX:PHOR ), which rose 8.31% or 483.00 points to trade at 6,297.00 at the close. Meanwhile, Moskovskiy Kreditnyi Bank PAO (MCX:CBOM ) added 7.10% or 0.68 points to end at 10.22 and PIK SHb PJSC (MCX:PIKK ) was up 7.08% or 31.10 points to 470.10 in late trade.

The worst performers of the session were Novolipetsk Steel (MCX:NLMK ), which fell 1.53% or 2.08 points to trade at 134.10 at the close. Severstal PJSC (MCX:CHMF ) declined 1.24% or 14.40 points to end at 1,148.60 and VK Company Ltd (MCX:VKCO ) was down 0.89% or 2.60 points to 290.20.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 178 to 65 and 9 ended unchanged.

Shares in Moskovskiy Kreditnyi Bank PAO (MCX:CBOM ) rose to all time highs; gaining 7.10% or 0.68 to 10.22.

The Russian Volatility Index – RVI , which measures the implied volatility of MOEX Russia Index options, was up 0.66% to 42.82.

Gold Futures for February delivery was down 0.67% or 17.71 to $2,627.39 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.16% or 0.11 to hit $69.57 a barrel, while the March Brent oil contract rose 0.14% or 0.10 to trade at $72.66 a barrel.

USD/RUB was down 1.72% to 101.22, while EUR/RUB fell 1.94% to 105.33.

The US Dollar Index Futures was up 0.47% at 107.86.

Source: Investing.com