Russia shares higher at close of trade; MOEX Russia up 2.47%

Investing.com – Russia equities were higher at the close on Monday, as gains in the Telecoms, Mining and Power sectors propelled shares higher.

At the close in Moscow, the MOEX Russia added 2.47%.

The biggest gainers of the session on the MOEX Russia were Magnit (MCX:MGNT), which rose 7.19% or 359.50 points to trade at 5,357.50 at the close. Mobil’nye Telesistemy PAO (MCX:MTSS) added 5.87% or 11.50 points to end at 207.50 and Yandex NV (MCX:YDEX) was up 5.21% or 204.00 points to 4,118.50 in late trade.

Biggest losers included Globaltrans Investment Gdr (MCX:GLTRDR), which lost 2.21% or 10.75 points to trade at 475.25 in late trade. AFK Sistema (MCX:AFKS) declined 0.30% or 0.05 points to end at 16.49 and X5 Retail Group NV (MCX:FIVEDR) 0.00% or 0.00 points to 2,798.00.

Advancing stocks outnumbered falling ones by 224 to 24 and 8 ended unchanged on the Moscow Stock Exchange.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was down 1.38% to 29.38.

In commodities trading, Gold Futures for December delivery was down 0.02% or 0.60 to $2,610.10 a troy ounce. Meanwhile, Crude oil for delivery in November rose 2.32% or 1.57 to hit $69.32 a barrel, while the November Brent oil contract rose 1.90% or 1.36 to trade at $72.97 a barrel.

USD/RUB was down 0.01% to 91.39, while EUR/RUB fell 0.01% to 101.74.

The US Dollar Index Futures was down 0.44% at 100.34.