MOSCOW: Russia stocks were higher after the close on Tuesday, as gains in the Telecoms, Power and Oil & Gas sectors led shares higher. At the close in Moscow, the MICEX added 0.78% to hit a new 1-month high. The best performers of the session on the MICEX were MegaFon OAO (MCX:MFON), which rose 3.20% or 17.30 points to trade at 557.50 at the close. Meanwhile, AFK Sistema (MCX:AFKS) added 3.06% or 0.380 points to end at 12.780 and Sberbank Rossii OAO Pref (MCX:SBER_p) was up 2.49% or 3.00 points to 123.40 in late trade. The worst performers of the session were Megion (MCX:MFGS), which fell 3.85% or 20.0 points to trade at 500.0 at the close. DIXY Group ao (MCX:DIXY) declined 1.89% or 4.10 points to end at 212.60 and Trubnaya Metallurgicheskaya Kompaniya OAO (MCX:TRMK) was down 1.50% or 1.14 points to 74.80.
Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 127 to 80 and 18 ended unchanged.The Russian VIX, which measures the implied volatility of MICEX options, was down 1.72% to 22.870. Gold Futures for August delivery was up 0.39% or 4.73 to $1223.93 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.02% or 0.01 to hit $47.08 a barrel, while the September Brent oil contract fell 0.06% or 0.03 to trade at $49.65 a barrel. USD/RUB was up 0.19% to 59.3973, while EUR/RUB fell 0.23% to 67.3240. The US Dollar Index Futures was up 0.04% at 95.99.
