Russian equity markets closed with mixed signals on Tuesday, as currency dynamics drove a divergence between the country's two main benchmarks.

The ruble-denominated MOEX Index slipped 0.15% to finish at 2,190.41 points, while the dollar-denominated RTS Index advanced 2.26% to close at 906.43 points.

The widening gap between the two indices underscores the persistent influence of the ruble's exchange rate on local equity valuations.

While domestic-currency investors saw modest losses, foreign-currency holders benefited from the relative strength of the dollar against the ruble during the session.

This pattern follows a volatile week for Moscow markets.

On Friday, the MOEX Index fell 0.59% to 2,242.84 points amid similar currency headwinds.