OREANDA-NEWS. August 4, 2010. For the week of July 26 - 30, 2010 the Russian stock market experienced an upturn of prices.

The RTS Index (RTSI) went up to 1,479.73 points (2.11%) from 1,449.19 points as of July 23, 2010. At the end of the week the RTS Index was 10.48% higher than a month ago (1,339.35 points as of June 30, 2010) and 47.78% higher than a year ago (1,001.3 points as of July 30, 2009).

Over the week the US dollar lost 0.98% against the Russian ruble.

Out of 50 RTSI constituents 31 were pushing the Index upwards (plus 33.79 points overall), whereas 10 securities behaved negatively (down 3.25 points in total). The price for 9 securities remained unchanged.

The positive effect leaders were ordinary shares of †п†б†п "LUKOIL" (plus 6.38 points) and Sberbank (plus 4.21 points).

The negative impact was mainly related to the falling prices for ordinary shares of OJSC "MMC "NORILSK NICKEL (down 1.59 points).

In the oil and gas sector 50.00% of the RTSI total capitalization was concentrated. The other large-weight sectors were banks & finance (19.07%) and metals & mining (15.17%).

On the sector level the major positive contributors were the oil & gas sector (plus 19.12 points in total) and the banks & finance sector (plus 4.81 points).

RTSI Futures Contracts

The weekly trading volume in the RTSI derivatives amounted to 407.25 billion rubles or 4.56 million contracts. Futures contracts on the RTS Index made up 72.94% of the total FORTS turnover (Futures and Options on RTS) in cash terms.

With the RTSI gaining 2.11%, September contracts (RTS-09.10) and December contracts (12.10) went up by 2.13% and 1.95% respectively.

Last week RTSI linked futures were trading near the spot. September contracts closed 2.43 points in backwardation, whereas for December contracts backwardation stood at 3.73 points.

For the week the total investorЎ¦s open interest measured in contracts decreased by 2.61%.

The RTS Standard Index

For the week of July 26 - July 30, 2010 the ruble RTS Standard Index showed an uptrend.

The RTS Standard Index went up by 1.32% to 9,648.34 points (9,523.11 points as of July 23, 2010). At the end of the week the RTS Standard Index was 7.45% higher than a month ago (8,979.23 points as of June 30, 2010) and 37.20% higher than a year ago (7,032.47 points as of July 30, 2009).

Out of 15 RTS Standard Index constituents 10 were pushing the Index upwards (plus 152.7 points overall), whereas 5 securities behaved negatively (down 27.46 points in total).

The positive effect leaders were ordinary shares of †п†б†п "LUKOIL" (plus 46.11 points) and Sberbank (plus 28.84 points).

The negative impact was mainly related to the falling prices for ordinary shares of OJSC "MMC "NORILSK NICKEL (down 15.26 points).

Out of the blue chips the top risers were preferred shares of Surgutneftegas (SNGSPS), that gained 4.15% and ordinary shares of Surgutneftegas that went up by 2.81%.

The week's blue chips top losers were ordinary shares of OJSC "Polyus Gold" (PLZLS) that fell 3.37%.

The oil & gas sector accounted for 55.91% of the RTS Standard IndexЎ¦ total capitalization. The other large-weight sectors were finance (23.26%) and metallurgy (13.05%).

Ticker

Stock

LUKOIL, ordinary

Weight in the

RTS Standard

Index, %

Weight

in the

RTS

Index, %

LKOHS

18.64%

15.23%

SBERS

Sberbank, ordinary

18.56%

15.17%

SBERPS

Sberbank, preferred

1.45%

1.18%

GAZPS

Gazprom, ordinary

17.74%

14.50%

GMKNS

NORILSK NICKEL, ordinary

9.66%

7.90%

ROSNS

Rosneft, ordinary

8.23%

6.72%

SNGSS

Surgutneftegas, ordinary

6.99%

5.71%

SNGSPS

Surgutneftegas, preferred

1.89%

1.55%

VTBRS

VTB Bank, ordinary

3.25%

2.66%

HYDRS

RusHydro, ordinary

3.25%

2.66%

TATNS

Tatneft, ordinary

2.43%

1.99%

URKAS

Uralkali, ordinary

2.41%

1.97%

FEESS

FGS UES, ordinary

2.12%

1.73%

PLZLS

Polyus Gold, ordinary

2.01%

1.64%

CHMFS

Severstal, ordinary

1.38%

1.13%

Total

 

100.00%

81.74%

Second-tier stocks

For the week of July 26 ЎV 30, 2010 the second tier stocks market demonstrated an uptrend.

Over the reviewed period the RTS-2 Index added 2.80% to reach 1,720.02 points (1,673.11 points as of July 23, 2010). At the end of the week the RTS-2 Index was 6.08% higher than a month ago (1,621.37 points as of June 30, 2010), and 95.76% higher than a year ago (878.63 points as of July 30, 2009).

34 constituents out of 69 stocks on the basis of which the RTS-2 Index is calculated had a positive impact on the RTS-2 Index (plus 48.41 points overall), 4 instruments pulled the Index downwards (down 1.50 points). The price for 31 securities remained unchanged.

Most of the positive effect was related to the growing prices for ordinary shares of JSC "IDGC Holding" (plus 6.66 points), ordinary shares of OJSC "Volga TGC" (plus 6.27 points) and JSC "Polymetal" (plus 6.26 points).

The negative impact was mainly due to the falling prices for ordinary shares of JSC "Aeroflot" (down 0.61 points).

In terms of weight in the RTS-2 Index, the power sector was the largest (30.8%), followed by the consumer goods & trading sector (17.1%) and metals & mining sector (12.9%).

Most of the RTS-2 Index growth was due to the positive contributions by the securities of the following sectors: power (plus 21.92 points in total) followed by metals & mining (plus 8.08 points overall) and water transport (plus 4.80 points in total).

RTS Siberia Index

For the week of July 26 ЎV 30, 2010 stocks constituting the RTS Siberia Index were on the rise.

The RTS Siberia Index gained 0.51% to close at 807.26 points (803.19 points as of July 23, 2010). At the end of the week the RTS Siberia Index was 1.42% higher than a month ago (795.99 points as of June 30, 2010) and 56.09% higher than a year ago (517.19 points as of July 30, 2009).

Out of the 10 component stocks 4 were pushing the RTS Siberia Index up (plus 9.82 points), whereas 4 stocks had a negative impact on its dynamics (down 5.75 points). The price for 2 securities remained unchanged.

The positive effect leaders were ordinary shares of JSC Gazprom Neft (plus 3.97 points) and PJSC Belon (plus 3.05 points).

The negative impact was mainly due to the falling prices for ordinary shares of OJSC "MMC "NORILSK NICKEL (down 2.05 points).

The metals & mining sector accounted for 37.0% of the RTS Siberia IndexЎ¦ total capitalization. The other large-weight sectors were power (31.6%) and oil & gas (16.4%).

The RTS family of indices

Index

Last Value

Change over (Period), %

 

Week

Month

Quarter

Year

RTS Index

1,479.73

2.11%

10.48%

-5.92%

47.78%

RTS Standard Index

9,648.34

1.32%

7.45%

-1.67%

37.20%

RTS-2 Index

1,720.02

2.80%

6.08%

-10.56%

95.76%

RTS Oil & Gas Index

253.69

3.39%

8.32%

-12.25%

63.98%

RTS Consumer & Retail Index

179.31

2.74%

10.35%

-5.77%

22.66%

RTS Metals & Mining Index

314.4

1.75%

9.84%

-0.93%

99.94%

RTS Industrial Index

139.04

0.92%

1.08%

-15.51%

81.18%

RTS Electric Utilities Index

203.51

-0.61%

1.15%

-11.01%

69.17%

RTS Telecom Index

354.77

2.40%

10.58%

-13.77%

65.43%

RTS Finances Index

244.74

1.26%

5.76%

-12.96%

79.77%

RTS Siberia Index

807.26

0.51%

1.42%

-20.29%

56.09%

For the week the RTS Index gained 2.11% to reach 1,479.73 points (1,449.19 points as of July 23, 2010), the RTS Standard Index (blue chips index) went up by 1.32% to end up at 9,648.34 points (9,523.11 points as of July 23, 2010)

Last week almost all the key economy sectors represented on the Russian stock market demonstrated positive dynamics. The largest growth was shown by the metallurgy, with the RTS Metals & Mining Index going up by 3.39%. A significant increase was also demonstrated by the oil & gas and financial sectors, with the RTS Oil & Gas Index adding 2.74% and the RTS Finances Index gaining 2.40%.

The regional RTS Siberia Index went up by 0.51%.

The US dollar depreciated by 0.98% against the Russian ruble to reach 30.22 rubles per US dollar (30.52 rubles as of July 23, 2010).