Russia shares higher at close of trade; MOEX Russia up 1.84%

Investing.com – Russia equities were higher at the close on Tuesday, as gains in the Oil&Gas, Mining and Telecoms sectors propelled shares higher.

At the close in Moscow, the MOEX Russia gained 1.84% to hit a new 1-month high.

The biggest gainers of the session on the MOEX Russia were Gazprom PAO (MCX:GAZP), which rose 7.18% or 9.36 points to trade at 139.71 at the close. GMK Norilskiy Nikel PAO (MCX:GMKN) added 4.42% or 4.90 points to end at 115.20 and NOVATEK (MCX:NVTK) was up 3.95% or 39.60 points to 1,041.00 in late trade.

Biggest losers included Aeroflot (MCX:AFLT), which lost 1.42% or 0.78 points to trade at 54.22 in late trade. Novolipetsk Steel PAO (MCX:NLMK) declined 1.39% or 2.08 points to end at 147.96 and PhosAgro ao (MCX:PHOR) shed 1.18% or 61.00 points to 5,130.00.

Advancing stocks outnumbered falling ones by 124 to 121 and 9 ended unchanged on the Moscow Stock Exchange.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was up 0.64% to 28.13 a new 1-month low.

In commodities trading, Gold Futures for December delivery was up 1.12% or 29.60 to $2,682.10 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.66% or 1.17 to hit $71.54 a barrel, while the December Brent oil contract unchanged 0.00% or 0.00 to trade at $74.46 a barrel.

USD/RUB was down 0.02% to 92.78, while EUR/RUB fell 0.01% to 103.73.

The US Dollar Index Futures was down 0.51% at 100.04.