MOSCOW: Russia stocks were lower after the close on Friday, as losses in the Power, Mining and Oil & Gas sectors led shares lower. At the close in Moscow, the MICEX fell 1.46%. The best performers of the session on the MICEX were Trubnaya Metallurgicheskaya Kompaniya OAO (MCX:TRMK), which rose 2.80% or 2.14 points to trade at 78.50 at the close. Meanwhile, NPK OVK PAO (MCX:UWGN) added 0.19% or 1.5 points to end at 783.5 and MVideo (MCX:MVID) was up 0.10% or 0.40 points to 407.50 in late trade.
The worst performers of the session were Yandex NV (MCX:YNDX), which fell 7.10% or 134.00 points to trade at 1754.50 at the close. SG mechel (MCX:MTLR) declined 4.67% or 6.75 points to end at 137.70 and VTB (MCX:VTBR) was down 3.96% or 0.0025 points to 0.0609. Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 143 to 71 and 16 ended unchanged. Shares in VTB (MCX:VTBR) fell to 52-week lows; down 3.96% or 0.0025 to 0.0609. The Russian VIX, which measures the implied volatility of MICEX options, was down 0.66% to 21.210. Gold Futures for August delivery was up 0.74% or 9.28 to $1269.28 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.41% or 0.69 to hit $49.73 a barrel, while the September Brent oil contract rose 1.98% or 1.02 to trade at $52.51 a barrel. USD/RUB was down 0.04% to 59.4730, while EUR/RUB rose 1.06% to 70.0025. The US Dollar Index Futures was down 0.58% at 93.23.