Russian equity markets closed in positive territory on Friday, extending a multi-day rally that has lifted both major benchmarks.
The ruble-denominated MOEX Index rose 0.75% to finish at 2,226.36 points, while the dollar-denominated RTS Index gained 1.25% to close at 882.61 points.
The outperformance of the RTS index relative to the MOEX suggests that currency dynamics are supporting foreign-currency-denominated valuations, even as domestic ruble-denominated assets see more modest gains.
This divergence often reflects investor positioning amid fluctuating exchange rates and capital flow restrictions.
The latest session follows a period of volatility, with previous sessions showing sharper moves, including a 2.84% jump in the MOEX Index earlier in the week.
The sustained upward trajectory indicates that market participants are digesting recent geopolitical and economic developments with relative caution, favoring blue-chip exposure.