MOSCOW: Russia stocks were lower after the close on Monday, as losses in the Power, Telecoms and Oil & Gas sectors led shares lower. At the close in Moscow, the MICEX fell 1.30%. The best performers of the session on the MICEX were Megion (MCX:MFGS), which rose 1.61% or 10.0 points to trade at 630.0 at the close. Meanwhile, Polymetal International PLC (MCX:POLY) added 0.54% or 4.00 points to end at 742.50 and Tatneft OAO Pref (MCX:TATN_p) was up 0.10% or 0.20 points to 205.90 in late trade.
The worst performers of the session were FSK EES (MCX:FEES), which fell 5.99% or 0.0114 points to trade at 0.1790 at the close. AK Transneft OAO Pref (MCX:TRNF_p) declined 5.72% or 11400 points to end at 187750 and Rosseti ao (MCX:RSTI) was down 5.00% or 0.0497 points to 0.9435. Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 161 to 57 and 19 ended unchanged. The Russian VIX, which measures the implied volatility of MICEX options, was up 0.08% to 24.750.
Gold Futures for April delivery was up 0.50% or 6.25 to $1254.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.75% or 0.36 to hit $47.61 a barrel, while the June Brent oil contract fell 0.24% or 0.12 to trade at $50.80 a barrel. USD/RUB was up 0.11% to 56.9550, while EUR/RUB rose 0.73% to 61.957. The US Dollar Index Futures was down 0.65% at 98.94.