Russian equity markets opened higher on Wednesday, extending the upward momentum that characterized the previous trading day.
The ruble-denominated MOEX Index and the dollar-denominated RTS Index both posted gains in the early session, signaling continued investor appetite for domestic assets.
97 points. The synchronized rise in both benchmarks suggests broad-based buying interest rather than sector-specific rotation.
Moscow time, the MOEX Index had climbed 0.39% to 2,198.96 points, while the RTS Index rose to 909.97 points.
The synchronized rise in both benchmarks suggests broad-based buying interest rather than sector-specific rotation.
This session follows a strong close on Monday, when the MOEX Index surged 2.84%, and Tuesday's opening, which also saw gains across the board.
The sustained rally indicates that recent selling pressure has eased, allowing buyers to regain control of the market narrative.