MOSCOW: Russia stocks were lower after the close on Wednesday, as losses in the Power, Oil & Gas and Mining sectors led shares lower. At the close in Moscow, the MICEX lost 0.09%.
The best performers of the session on the MICEX were AK Transneft OAO Pref (MCX:TRNF_p), which rose 2.34% or 3650 points to trade at 159650 at the close. Meanwhile, Megion (MCX:MFGS) added 2.00% or 10.0 points to end at 510.0 and Moskovskaya Birzha OAO (MCX:MOEX) was up 1.90% or 1.94 points to 103.89 in late trade. The worst performers of the session were Trubnaya Metallurgicheskaya Kompaniya OAO (MCX:TRMK), which fell 4.35% or 3.54 points to trade at 77.86 at the close. AFK Sistema (MCX:AFKS) declined 2.86% or 0.375 points to end at 12.730 and Surgut-pref (MCX:SNGS_p) was down 2.70% or 0.755 points to 27.245. Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 122 to 88 and 17 ended unchanged. Shares in Surgut-pref (MCX:SNGS_p) fell to 52-week lows; down 2.70% or 0.755 to 27.245.
The Russian VIX, which measures the implied volatility of MICEX options, was up 14.46% to 29.760 a new 1-month high. Gold Futures for August delivery was down 0.35% or 4.48 to $1293.02 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 4.73% or 2.28 to hit $45.91 a barrel, while the August Brent oil contract fell 3.81% or 1.91 to trade at $48.21 a barrel. USD/RUB was up 0.90% to 57.0455, while EUR/RUB rose 0.42% to 64.0920. The US Dollar Index Futures was up 0.25% at 96.74.
