OREANDA-NEWS  On 06 November was announced, that in October 2008 the RTS Index slipped down by 36,18% to 773,37 points as of October 31st, 2008 against 1 211,84 points as of September 30th, 2008.

Most of the negative impact on the RTS Index dynamics was coming from falling prices for Gazprom ordinary shares (GAZP) (minus 78,81 points), LUKOIL ordinary shares (LKOH) (minus 74,79 points) and Sberbank ordinary shares (SBER) (minus 65,02 points).

The "second-tier" stock index – RTS-2 went down by 46,68% to reach 733,29 points (1 375,18 points as of the end of September, 2008). All the key sectors, represented on the Russian stock market, showed a negative trend. The major negative contributor was the banking sector, the corresponding Sectoral Index shed 47,59%. Metals & mining reported a significant loss – 47,47%. The smallest nonetheless tangible decline was accounted for by the oil & gas sector, with the RTS Index – Oil & Gas shedding 32,15%.

In October 2008 the trading volume on RTS equaled 12,4 billion dollars (325,8 billion roubles*), including all types of trades.

The top sellers of the month on the RTS Stock Market were JSC "Salavatnefteorgsintez" ordinary shares (SNOZ) – USD 150,8 mln., Sberbank ordinary shares (SBER) - USD 61,3 mln., followed by Gazprom ordinary shares (GAZP) – USD 54,9 mln. The share of the above securities in the turnover made up 38,74%, 15,75% and 14,12% respectively.

The top gainers of the month were JSC "СhTRP" ordinary shares (KIRZ) that experienced a 25,00% growth to close at USD 3,5, ordinary shares of Surgutneftegas (SNGS) that went up by 18,87% to reach USD 0,63 and OJSC "Rostelecom" ordinary shares (RTKM) that gained 10,96% to end up at USD 8,1 per share.

The top losers of the month were ordinary shares of Kirovsky Zavod (KIRZ) that fell in price by 78,00% to reach USD 11,0, ordinary shares of GAZ (GAZA) that went down by 77,50% to reach USD 18,0 and ordinary shares of OJSC "Company "M.video", (MVID) that were down by 76,03% to USD 0,7.

RTS Stock Market leading operators in October 2008

In October 2008 the top three positions in the RTS Classic Market best sellers rating were retained by Troika Dialog, Renaissance Broker and Deutsche Securities ZAO.

The first 3 positions on the RTS T+0 market: ALOR Plus Corporation, ALOR INVEST Ltd and Troika Dialog.

Detailed information are available here.