MOSCOW: Russia stocks were higher after the close on Tuesday, as gains in the Oil & Gas, Mining and Telecoms sectors led shares higher. At the close in Moscow, the MICEX rose 0.98% to hit a new 1-month high. The best performers of the session on the MICEX were United Company Rusal Plc (MCX:RUAL), which rose 6.18% or 2.330 points to trade at 40.020 at the close. Meanwhile, Tatneft OAO Pref (MCX:TATN_p) added 4.10% or 11.00 points to end at 279.00 and Moskovskaya Birzha OAO (MCX:MOEX) was up 3.79% or 4.20 points to 114.95 in late trade.
The worst performers of the session were Unipro (MCX:UPRO), which fell 4.68% or 0.1150 points to trade at 2.3400 at the close. Trubnaya Metallurgicheskaya Kompaniya OAO (MCX:TRMK) declined 2.34% or 1.85 points to end at 77.10 and AFK Sistema (MCX:AFKS) was down 1.72% or 0.200 points to 11.400. Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 119 to 101 and 20 ended unchanged. Shares in United Company Rusal Plc (MCX:RUAL) rose to all time highs; up 6.18% or 2.330 to 40.020. Shares in Unipro (MCX:UPRO) fell to 52-week lows; falling 4.68% or 0.1150 to 2.3400.
The Russian VIX, which measures the implied volatility of MICEX options, was down 0.27% to 22.110. Gold Futures for December delivery was down 0.26% or 3.32 to $1261.38 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.55% or 0.27 to hit $49.12 a barrel, while the October Brent oil contract fell 0.42% or 0.22 to trade at $52.15 a barrel. USD/RUB was down 0.48% to 59.7483, while EUR/RUB fell 0.78% to 70.2950. The US Dollar Index Futures was up 0.31% at 93.59.
