Russia stocks higher at close of trade

Russia stocks higher at close of trade

Russia stocks were higher after the close on Monday, as gains in the Mining, Power and Oil & Gas sectors led shares higher.

At the close in Moscow, the MICEX rose 0.53%.

The best performers of the session on the MICEX were FSK EES, which rose 4.94% or 0.0042 points to trade at 0.0890 at the close. Meanwhile, MMK  added 4.73% or 1.065 points to end at 23.565 and Rosseti ao was up 4.02% or 0.0230 points to 0.5950 in late trade.

The worst performers of the session were MegaFon OAO, which fell 2.14% or 16.00 points to trade at 731.00 at the close. Moskovskaya Birzha OAO  declined 1.46% or 1.53 points to end at 103.52 and Verhnesald MPO  was down 1.33% or 170.0 points to 12570.0.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 121 to 92 and 29 ended unchanged.

Shares in FSK EES rose to 52-week highs; gaining 4.94% or 0.0042 to 0.0890.

The Russian VIX, which measures the implied volatility of MICEX options, was down 1.16% to 36.770.

Gold for June delivery was down 0.48% or 5.90 to $1217.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 1.22% or 0.45 to hit $36.34 a barrel, while the June Brent oil contract fell 1.29% or 0.50 to trade at $38.17 a barrel.

USD/RUB was up 1.04% to 68.2854, while EUR/RUB rose 0.87% to 77.816.

The US Dollar Index was down 0.06% at 94.52.