Russia stocks higher at close of trade; MOEX Russia Index up 2.10%

Investing.com – Russia stocks were higher after the close on Saturday, as gains in the Oil & Gas, Power and Telecoms sectors led shares higher.

At the close in Moscow, the MOEX Russia Index rose 2.10%.

The best performers of the session on the MOEX Russia Index were NOVATEK PJSC (MCX:NVTK), which rose 5.25% or 65.60 points to trade at 1,314.60 at the close. Meanwhile, IPJSC YANDEX (MCX:YDEX) added 1.83% or 78.50 points to end at 4,371.50 and Gazprom PJSC (MCX:GAZP) was up 1.68% or 2.53 points to 152.76 in late trade.

The worst performers of the session were Unipro PJSC (MCX:UPRO), which fell 0.63% or 0.01 points to trade at 1.89 at the close. AFK Sistema PJSC (MCX:AFKS) declined 0.51% or 0.08 points to end at 16.08 and Moskovskaya Birzha PJSC (MCX:MOEX) was down 0.41% or 0.86 points to 207.16.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 69 to 26 and 3 ended unchanged.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was down 2.21% to 53.44.

Gold Futures for June delivery was down 1.50% or 50.20 to $3,298.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.37% or 0.23 to hit $63.02 a barrel, while the June Brent oil contract rose 0.48% or 0.32 to trade at $66.87 a barrel.

USD/RUB was down 0.69% to 82.62, while EUR/RUB fell 0.91% to 93.89.

The US Dollar Index Futures was up 0.09% at 99.25.

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