Russia stocks higher at close of trade; MICEX up 1.23%

Category: Stock Market

Russia stocks were higher after the close on Friday, as gains in the Mining, Oil&Gas and Power sectors led shares higher.At the close in Moscow, the MICEX gained 1.23% to hit a new 5-year high.The best performers of the session on the MICEX were E.ON Russia (MCX:EONR), which rose 7.10% or 0.1810 points to trade at 2.7310 at the close. Meanwhile, Magnit (MCX:MGNT) added 4.59% or 500.0 points to end at 11400.0 and FSK EES (MCX:FEES) was up 3.87% or 0.0028 points to 0.0765 in late trade.The worst performers of the session were MVideo (MCX:MVID), which fell 5.28% or 14.00 points to trade at 251.30 at the close. AK Transneft OAO Pref (MCX:TRNF_p) declined 4.03% or 7500 points to end at 178600 and Surgut-pref (MCX:SNGS_p) was down 3.66% or 1.655 points to 43.550.Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 130 to 94 and 18 ended unchanged.Shares in FSK EES (MCX:FEES) rose to 52-week highs; up 3.87% or 0.0028 to 0.0765.The Russian VIX, which measures the implied volatility of MICEX options, was up 0.20% to 34.970 a new 1-month low.Gold for April delivery was down 0.81% or 10.30 to $1254.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April unchanged 0.00% or 0.00 to hit $40.20 a barrel, while the May Brent oil contract fell 0.82% or 0.34 to trade at $41.20 a barrel.USD/RUB was up 0.69% to 68.5456, while EUR/RUB rose 0.04% to 77.287.The US Dollar Index was up 0.27% at 95.03.