MOSCOW: Russia stocks were higher after the close on Tuesday, as gains in the Mining, Power and Oil & Gas sectors led shares higher. At the close in Moscow, the MICEX rose 0.25%.
The best performers of the session on the MICEX were RDR United Company RUSAL PLC (MCX:RUALR), which rose 7.28% or 19.00 points to trade at 280.00 at the close. Meanwhile, Akron (MCX:AKRN) added 6.34% or 155.0 points to end at 2600.0 and MMK (MCX:MAGN) was up 4.54% or 0.767 points to 17.645 in late trade.
The worst performers of the session were Tatneft OAO Pref (MCX:TATN_p), which fell 4.57% or 7.40 points to trade at 154.60 at the close. ALROSA ao (MCX:ALRS) declined 3.62% or 2.660 points to end at 70.790 and Sollers (MCX:SVAV) was down 3.41% or 14.0 points to 396.0.
Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 98 to 95 and 12 ended unchanged.
Shares in Akron (MCX:AKRN) rose to 5-year highs; gaining 6.34% or 155.0 to 2600.0. Shares in MMK (MCX:MAGN) rose to 3-years highs; gaining 4.54% or 0.767 to 17.645.
The Russian VIX, which measures the implied volatility of MICEX options, was down 1.44% to 35.490.
Gold for August delivery was down 0.10% or 1.20 to $1154.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.51% or 0.79 to hit $52.99 a barrel, while the September Brent oil contract rose 0.89% or 0.52 to trade at $58.67 a barrel.
USD/RUB was down 0.24% to 56.420, while EUR/RUB fell 0.24% to 62.120.
The US Dollar Index was down 0.10% at 96.84.
