The Russian stock market closed mixed on Tuesday amid enthusiasm from U.S. floors and retreating European indexes, analysts said.

The MICEX index gained 0.55% to 1,344.75, while the RTS slid 0.08% to 1,400.59.

“Tuesday’s trading was difficult for market participants. Negative dynamics on Monday, political unrest in the euro zone, and contradicting statistics all influenced the quotes,” analysts at Investcafe said in a report.

Investcafe’s analysts also pointed to the fact that European floors revealed a downward trend following the release of statistical data, some of which proved to be worse than expected. The U.K.’s FTSE lost 0.62%, Germany’s DAX and France’s CAC also stepped down 0.71% and 0.79%, respectively, as of 7.16 p.m. Moscow time.

Metropol’s Investor Relations Department Director Maxim Zotov also attributed slide of European indexes to political uncertainty in Greece, “whose (newly elected) officials have rejected any further cooperation with the European coalition.”

Maxwell Capital’s trader Alexander Dvurekov said that the U.S. bourses reacted positively to statistical data released earlier on Tuesday, mainly due to very good figures in business activity in the U.S., though the retail sales index is lower than expected,” Dvurekov said.

NASDAQ edged up 0.20%, while Dow Jones and S&P 500 retreated 0.13% and 0.15%, respectively, as of 7.16 p.m. Moscow time.

Investcafe’s analysts mentioned that the Russian stock market was supported by the country’s Gross Domestic Product growth of 4.9% in January–March, according to the Federal Statistics Service’s report. The figure exceeded the Economic Development Ministry’s forecast of 4%.

Speaking about downward leaders on the domestic market, Metropol’s Zotov earmarked oil companies Surgutneftegas and Tatneft, who dropped 12.15% and 0.14%, respectively. The analyst attributed the retreat to a previous closure of the shareholders’ registers and the dividend policy of the companies.

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