MOSCOW, November 29. /TASS/. The Russian stock indices were declining, while the yuan-to-ruble exchange rate is growing at the opening of trading on the Moscow Exchange.

The MOEX Index fell by 0.15% at the opening, to 2,544.01 points, the RTS Index went down by 0.17%, to 731.20 points.

By 10:06 a.m. Moscow time, the indices accelerated their decline. The MOEX Index fell by 0.24% to 2,541.66 points, the RTS Index dropped by 0.32% to 730.14 points.

The yuan-to-ruble rate rose by 0.63%, to 14.82 rubles.

"At the beginning of the trading day, the Russian stock market may not find significant reasons for confident growth, remaining under pressure from previous negative fundamental factors and ending another month on a pessimistic note," said Elena Kozhukhova, an analyst at Veles Capital.

If the geopolitical background stabilizes in December, market participants will be able to return to purchases, including for interim dividends for 2024, and the ruble "bears" will certainly take into account the readiness of financial authorities to intervene in the situation, the expert added.