Russia stocks lower at close of trade; MICEX down 0.13%

Russia stocks were lower after the close on Monday, as losses in the Telecoms, Power and Oil&Gas sectors led shares lower.At the close in Moscow, the MICEX fell 0.13%.The best performers of the session on the MICEX were Polymetal International PLC (MCX:POLY), which rose 6.99% or 37.50 points to trade at 574.00 at the close. Meanwhile, Niznekamskneftekhim ao (MCX:NKNC) added 5.54% or 2.100 points to end at 40.000 and Sberbank Rossii OAO Pref (MCX:SBER_p) was up 3.60% or 2.46 points to 70.70 in late trade.The worst performers of the session were MegaFon OAO (MCX:MFON), which fell 6.85% or 62.00 points to trade at 843.00 at the close. 

MTS (MCX:MTSS) declined 3.81% or 8.45 points to end at 213.05 and MVideo (MCX:MVID) was down 3.20% or 8.80 points to 266.00.Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 113 to 98 and 7 ended unchanged.The Russian VIX, which measures the implied volatility of MICEX options, was up 0.73% to 33.330.Gold for February delivery was up 1.40% or 14.90 to $1079.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.16% or 0.42 to hit $35.64 a barrel, while the February Brent oil contract fell 1.75% or 0.65 to trade at $36.23 a barrel.USD/RUB was up 0.45% to 71.250, while EUR/RUB rose 1.16% to 77.785.The US Dollar Index was down 0.28% at 98.46.