MOSCOW: Russia stocks were higher after the close on Wednesday, as gains in the Telecoms, Power and Manufacturing sectors led shares higher.
At the close in Moscow, the MICEX rose 1.11% to hit a new 1-month high.
The best performers of the session on the MICEX were Uralkaliy (MCX:URKA), which rose 4.20% or 6.85 points to trade at 169.80 at the close. Meanwhile, E.ON Russia (MCX:EONR) added 4.02% or 0.1050 points to end at 2.7150 and Sollers (MCX:SVAV) was up 3.57% or 13.0 points to 377.0 in late trade.
The worst performers of the session were Pharmstandard JSC (MCX:PHST), which fell 1.89% or 20.0 points to trade at 1040.0 at the close. MMK (MCX:MAGN) declined 1.65% or 0.315 points to end at 18.760 and NOVATEK (MCX:NVTK) was down 1.44% or 8.60 points to 589.30.
Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 119 to 75 and 7 ended unchanged.
The Russian VIX, which measures the implied volatility of MICEX options, was down 0.95% to 35.460.
Gold for December delivery was down 0.50% or 5.50 to $1085.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.49% or 0.68 to hit $45.06 a barrel, while the September Brent oil contract fell 1.39% or 0.69 to trade at $49.30 a barrel.
USD/RUB was up 1.36% to 63.653, while EUR/RUB rose 0.84% to 69.250.
The US Dollar Index was up 0.12% at 98.17.
