By Investing.com – Russia stocks were higher after the close on Friday, as gains in the Mining, Telecoms and Power sectors led shares higher.
At the close in Moscow, the MOEX Russia Index added 1.77%.
The best performers of the session on the MOEX Russia Index were Severstal PJSC (MCX:CHMF), which rose 5.23% or 64.20 points to trade at 1,292.20 at the close. Meanwhile, Novolipetsk Steel (MCX:NLMK) added 4.83% or 6.88 points to end at 149.34 and Mobil’nye Telesistemy PJSC (MCX:MTSS) was up 4.64% or 9.45 points to 213.00 in late trade.
The worst performers of the session were Rosneft PJSC (MCX:ROSN), which fell 2.06% or 11.85 points to trade at 562.95 at the close. Surgutneftegas PJSC (MCX:SNGS) declined 1.95% or 0.47 points to end at 23.40 and Surgutneftegas PJSC Pref (MCX:SNGS_p) was down 1.80% or 1.05 points to 57.24.
Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 200 to 44 and 8 ended unchanged.
The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was down 19.74% to 28.71 a new 1-month low.
Gold Futures for February delivery was up 0.99% or 26.76 to $2,717.56 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 3.75% or 2.77 to hit $76.69 a barrel, while the March Brent oil contract rose 3.72% or 2.86 to trade at $79.78 a barrel.
USD/RUB was down 0.49% to 101.75, while EUR/RUB fell 0.98% to 104.26.
The US Dollar Index Futures was up 0.43% at 109.47.
