OREANDA-NEWS. On 22 April 2009 was announced, that for the week of April 6 – April 10, 2009 the Russian stock market experienced an upturn in prices.

The RTS Index (RTSI) went up to 817.41 points (9.57%) from 746.03 points as of April 3, 2009. By the end of the week the RTS Index was 28.74% higher than a month ago (634.92 points as of March 10, 2009), however, it was 61.67% lower than a year ago (2132.50 points as of April 10, 2008).

Over the week the Russian rouble gained 0.68% against the US dollar.

Out of 50 RTSI constituents 40 were pushing the Index upwards (plus 71.73 points overall), however, 5 securities were pulling it downwards (minus 0.35 points). The price for 5 securities remained unchanged.

Most of the positive impact was coming from  "LUKOIL" ordinary shares (plus 21.33 points), Sberbank ordinary shares (plus 11.70 points) and Gazprom ordinary shares (plus 6.47 points).

The negative impact was related to the falling prices for ordinary shares of JSC "NOVATEK" (minus 0.11 points).

Over 60% of the RTSI total capitalization continued to be concentrated in the oil and gas sector. The other large-weight sectors were finance (12.62%) and metallurgy (12.20%).

aRTSI Futures Contracts

The weekly trading volume in the RTSI derivatives amounted to 152.5 billion roubles or 3.1 million contracts. Futures contracts on the RTS Index remained the most liquid instrument on the Russian derivatives market, making up for 70.88% of the total FORTS turnover (Futures and Options on RTS) in cash terms.

With the RTSI gaining 9.57%, June contracts (RTS-06.09) and September contracts (RTS-09.09) rose in price by 9.86% and 9.55% respectively.

Last week the RTS Index futures were trading in backwardation. June contracts closed 18.96 points below the RTSI, and September contracts closed 18.21 points below the underlying asset.

Over the week investor’s open interest in the RTS Index futures measured in contracts increased by 17.50%.

Second-tier stocks

For the week of April 6 – April 10, 2009 the second tier stocks market demonstrated a positive trend.

Over the reviewed period the RTS-2 Index went up by 5.42% to 568.62 points (539.40 points as of April 3, 2009). At the end of the week the RTS-2 Index was 28.64% higher than a month ago (442.04 points as of March 10, 2009), and 77.18% lower than a year ago (2491.57points as of April 10, 2008).

39 constituents out of 74 stocks on the basis of which the RTS-2 Index is calculated were pushing the Index upwards (plus 31.24 points overall). However, 6 instruments behaved negatively (minus 2.02 points). The price for 29 securities remained unchanged.

Most of the positive impact was related to the growing prices for ordinary shares of OJSC "Company "M.video" (plus 3.11 points), Bashneft (plus 2.77 points) and OJSC "Magnit" (plus 2.54 points).

The negative push was mainly related to ordinary shares of JSC "Holding MRSK" (minus 0.67 points).

In terms of weight in the RTS-2 Index, the power sector was the largest (18.5%), followed by the consumer goods & trading sector (17.1%) and the oil & gas sector (plus 14.4%).

Most of the RTS-2 Index growth was due to the positive contributions by the securities of the following sectors: consumer goods & trading (plus 10.17 points in total), power (plus 4.16 points in total) and oil & gas (plus 4.09 points overall).

The RTS family of indices

Index

Last Value

Change Over (Period), %

Week

Month

Quarter

Year

RTS Index

817.41

9.57%

28.74%

29.36%

-61.67%

RTS-2 Index

568.62

5.42%

28.64%

3.73%

-77.18%

RTS Oil & Gas

132.21

9.68%

21.19%

37.46%

-51.78%

RTS – Consumer & Retail

109.40

14.53%

53.78%

49.90%

-66.70%

RTS – Metals & Mining

120.77

9.26%

35.24%

35.85%

-69.07%

RTS – Industrial

50.95

5.27%

33.97%

-15.30%

-88.50%

RTS – Electric utilities

87.36

9.30%

40.43%

-0.38%

-76.36%

RTS – Telecom

101.17

6.41%

22.47%

17.89%

-64.66%

RTS - Financials

144.34

7.93%

30.12%

-12.28%

-76.99%

Last week all economy sectors represented on the Russian stock market demonstrated positive dynamics.

The US dollar lost 0.68% against the Russian rouble to 33.53 roubles per US dollar (33.76 roubles per US dollar as of April 3, 2009).

The consumer & retail sector experienced the largest growth. The RTSI – Consumer & Retail went up by 14.53%. A significant increase was demonstrated by the oil & gas sector, with the RTSI – Oil & Gas gaining 9.68%.

The slightest growth was reported by the industrial sector. The RTSI – Industrial increased by 5.27%.