Investing.com – Russia stocks were higher after the close on Thursday, as gains in the Telecoms , Mining and Power sectors led shares higher.

At the close in Moscow, the MOEX Russia Index rose 2.44% to hit a new 3-months high.

The best performers of the session on the MOEX Russia Index were PIK SHb PJSC (MCX: PIKK ), which rose 5.59% or 29.50 points to trade at 557.70 at the close. Meanwhile, Surgutneftegas PJSC (MCX: SNGS ) added 4.68% or 1.12 points to end at 25.07 and ADS Ozon Holdings PLC ORD SHS (MCX: OZONDR ) was up 2.60% or 83.00 points to 3,273.00 in late trade.

The worst performers of the session were NOVATEK PJSC (MCX: NVTK ), which fell 1.71% or 17.20 points to trade at 990.60 at the close. Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX: MAGN ) declined 1.60% or 0.62 points to end at 37.82 and Aeroflot PJSC (MCX: AFLT ) was down 1.59% or 0.99 points to 61.26.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 187 to 63 and 4 ended unchanged.

The Russian Volatility Index – RVI , which measures the implied volatility of MOEX Russia Index options, was down 6.69% to 35.28.

Gold Futures for February delivery was up 1.02% or 27.67 to $2,745.47 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.14% or 0.90 to hit $77.81 a barrel, while the March Brent oil contract fell 0.91% or 0.75 to trade at $81.28 a barrel.

USD/RUB was up 1.10% to 103.62, while EUR/RUB rose 1.21% to 106.73.

The US Dollar Index Futures was down 0.09% at 108.82.