Russian equity markets closed sharply higher on Wednesday, with the ruble-denominated MOEX Index gaining 2.16% to settle at 2,238.52 points.
The dollar-denominated RTS Index also advanced, adding 1.31% to finish at 888.62 points.
41% to 2,144.97 points, suggesting sustained investor appetite for domestic equities despite broader regional uncertainties.
TASS reported that persistent buying interest allowed the benchmark to hold firmly above the psychologically significant 2,200-point mark.
The rally extends a multi-day recovery in Moscow's equity markets, following a sharp advance on Monday that saw the MOEX Index climb 2.84% to 2,350.43 points.
Thursday's session also saw gains, with the index ticking up 0.41% to 2,144.97 points, suggesting sustained investor appetite for domestic equities despite broader regional uncertainties.
This upward momentum comes against a backdrop of heightened energy market volatility.