Russian equity markets extended their upward trajectory on Wednesday, with both the MOEX and RTS indices rising at the start of the main trading session.
According to Moscow Exchange data, the benchmarks were up 0.15% as of 10:00 Moscow time, marking the third consecutive day of positive momentum.
The ruble-denominated MOEX Index and the dollar-denominated RTS Index both posted gains in the early session, continuing the trend established by strong closes on Monday and Tuesday.
The rally comes as the yuan exchange rate declined, adding to the mixed currency dynamics surrounding Russian assets.
While the equity indices moved higher, the broader market sentiment remains cautious, with gains modest and limited to the opening hours.
The sustained uptick suggests some resilience in domestic investor appetite despite ongoing geopolitical uncertainties.