Investing.com – Russia stocks were higher after the close on Wednesday, as gains in the Oil & Gas , Power and Mining sectors led shares higher.

At the close in Moscow, the MOEX Russia Index added 1.24% to hit a new 3-months high.

The best performers of the session on the MOEX Russia Index were Surgutneftegas PJSC (MCX: SNGS ), which rose 3.88% or 1.05 points to trade at 28.13 at the close. Meanwhile, VK Company Ltd (MCX: VKCO ) added 2.48% or 8.40 points to end at 346.60 and PhosAgro PJSC (MCX: PHOR ) was up 2.30% or 155.00 points to 6,891.00 in late trade.

The worst performers of the session were Severstal PJSC (MCX: CHMF ), which fell 2.71% or 35.00 points to trade at 1,255.00 at the close. Unipro PJSC (MCX: UPRO ) declined 2.53% or 0.05 points to end at 2.00 and Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX: MAGN ) was down 2.48% or 0.93 points to 36.49.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 165 to 80 and 9 ended unchanged.

The Russian Volatility Index – RVI , which measures the implied volatility of MOEX Russia Index options, was up 2.02% to 36.93.

Gold Futures for February delivery was up 0.23% or 6.41 to $2,765.61 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.59% or 0.45 to hit $75.38 a barrel, while the March Brent oil contract fell 0.44% or 0.35 to trade at $78.94 a barrel.

USD/RUB was down 0.23% to 99.25, while EUR/RUB fell 0.39% to 103.36.

The US Dollar Index Futures was up 0.17% at 108.04.