Russian equity markets opened lower on Thursday, with both the MOEX and RTS indices posting modest losses in the early stages of the main trading session.

As of 10:00 Moscow time, the MOEX index had fallen 0.54% to 2,174.85 points, while the RTS index dropped to 901.22 points.

The yuan exchange rate rose against the ruble during the same period, reflecting continued currency volatility.

The decline marks another day of downward pressure on Russian equities, following similar losses earlier in the week.

On Monday, the MOEX index fell 0.21% to 2,238.1 points, and on Tuesday, it dropped 1.54% to 2,160.32 points.

The RTS index mirrored these trends, indicating broad-based selling across the market.