Russian equity markets opened higher on Tuesday, extending the strong momentum from a sharp rally on Monday.
The ruble-denominated MOEX Index and the dollar-denominated RTS Index both posted gains in the early session, signaling sustained buying interest despite broader geopolitical uncertainties.
The yuan-to-ruble exchange rate initially strengthened at the open, rising 5.6 kopecks from the previous close, before turning lower as trading progressed.
This currency volatility underscores the delicate balance between domestic market sentiment and external pressure on the ruble.
Monday's session saw the MOEX Index climb 2.84% to finish at 2,350.43 points, while the RTS Index advanced 1.92% to close at 952.28.
The continuation of this trend into Tuesday suggests that investors are currently prioritizing domestic liquidity and technical rebounds over near-term geopolitical risks.