OREANDA-NEWS. August 12, 2010. For the week of August 2 – 6, 2010 the Russian stock market experienced an upturn of prices.

The RTS Index (RTSI) went up to 1,509.85 points (2.04%) from 1,479.73 points as of July 30, 2010. At the end of the week the RTS Index was 11.54% higher than a month ago (1,353.66 points as of July 6, 2010) and 39.31% higher than a year ago (1,083.79 points as of August 6, 2009).

Over the week the US dollar lost 1.19% against the Russian ruble.

Out of 50 RTSI constituents 29 were pushing the Index upwards (plus 31.29 points overall), whereas 6 securities behaved negatively (down 1.17 points in total). The price for 15 securities remained unchanged.

The positive effect leaders were ordinary shares of Gazprom (plus 8.56 points) and OJSC "MMC "NORILSK NICKEL (plus 3.02 points).

The negative impact was mainly related to the falling prices for ordinary shares of Sberbank (down 0.83 points).

In the oil and gas sector 49.78% of the RTSI total capitalization was concentrated. The other large-weight sectors were banks & finance (18.81%) and metals & mining (15.30%).

On the sector level the major positive contributors were the oil & gas sector (plus 11.71 points in total) and the metals & mining sector (plus 6.58 points).

RTSI Futures Contracts

The weekly trading volume in the RTSI derivatives amounted to 404.9 billion rubles or 4.49 million contracts. Futures contracts on the RTS Index made up 73.36% of the total FORTS turnover (Futures and Options on RTS) in cash terms.

With the RTSI gaining 2.04%, September contracts (RTS-09.10) and December contracts (12.10) went up by 1.60% and 1.71% respectively.

Last week RTSI linked futures were trading below the spot. September contracts closed 8.85 points in backwardation, whereas for December contracts backwardation stood at 8.65 points.

For the week the total investor’s open interest measured in contracts increased by 2.86%.

The RTS Standard Index

For the week of August 2 – 6, 2010 the ruble RTS Standard Index showed a sideways trend.

The RTS Standard Index went up by 0.17% to 9,664.52 points (9,648.34 points as of July 30, 2010). At the end of the week the RTS Standard Index was 6.66% higher than a month ago (9,061.46 points as of July 6, 2010) and 27.10% higher than a year ago (7,603.92 points as of August 6, 2009).

Out of 15 RTS Standard Index constituents 9 were pushing the Index upwards (plus 101.05 points overall), whereas 6 securities behaved negatively (down 84.86 points in total).

The positive effect leaders were ordinary shares of Gazprom (GAZPS) (plus 38.75 points) and OJSC Uralkali (plus 16.27 points).

The negative impact was mainly related to the falling prices for ordinary shares of Sberbank (down 36.26 points).

Out of the blue chips the top risers were preferred shares of Sberbank (SBERPS), that gained 7.12% and ordinary shares of OJSC Uralkali that went up by 6.99%.

The week's blue chips top losers were preferred shares of Surgutneftegas (SNGSPS) that fell 2.28%.

The oil & gas sector accounted for 55.78% of the RTS Standard Index’ total capitalization. The other large-weight sectors were finance (23.00%) and metallurgy (13.13%).

Ticker

Stock

LUKOIL, ordinary

Weight in the

RTS Standard

Index, %

Weight

in the

RTS

Index, %

LKOHS

 

18.33%

14.96%

SBERS

Sberbank, ordinary

18.16%

14.81%

SBERPS

Sberbank, preferred

1.55%

1.26%

GAZPS

Gazprom, ordinary

18.11%

14.77%

GMKNS

NORILSK NICKEL, ordinary

9.73%

7.94%

ROSNS

Rosneft, ordinary

8.24%

6.72%

SNGSS

Surgutneftegas, ordinary

6.85%

5.59%

SNGSPS

Surgutneftegas, preferred

1.85%

1.51%

HYDRS

RusHydro, ordinary

3.32%

2.71%

VTBRS

VTB Bank, ordinary

3.29%

2.68%

URKAS

Uralkali, ordinary

2.58%

2.10%

TATNS

Tatneft, ordinary

2.40%

1.96%

FEESS

FGS UES, ordinary

2.21%

1.80%

PLZLS

Polyus Gold, ordinary

1.97%

1.61%

CHMFS

Total

Severstal, ordinary

1.43%

100.00%

1.17%

81.59%

Second-tier stocks

For the week of August 2 – 6, 2010 the second tier stocks market demonstrated an uptrend.

Over the reviewed period the RTS-2 Index added 3.03% to reach 1,772.05 points (1,720.02 points as of July 30, 2010). At the end of the week the RTS-2 Index was 11.15% higher than a month ago (1,594.29 points as of July 6, 2010), and 90.85% higher than a year ago (928.51 points as of August, 6, 2009).

26 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 52.82 points overall), 3 instruments pulled the Index downwards (down 0.78 points). The price for 40 securities remained unchanged.

Most of the positive effect was related to the growing prices for ordinary shares of JSC "IDGC Holding" (plus 9.18 points), ordinary shares of OJSC "Magnit" (plus 9.13 points) and OAO Raspadskaya (plus 7.57 points).

The negative impact was mainly due to the falling prices for ordinary shares of Opened Joint-Stock Company "Company "M.video" (down 0.60 points).

In terms of weight in the RTS-2 Index, the power sector was the largest (30.9%), followed by the consumer goods & trading sector (17.4%) 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 18.45 points in total) followed by consumer goods & trading (plus 13.09 points overall) and metals & mining (plus 8.13 points in total).

RTS Siberia Index

For the week of August 2 – 6, 2010 stocks constituting the RTS Siberia Index were on the rise.

The RTS Siberia Index gained 3.10% to close at 832.26 points (807.26 points as of July 30, 2010). At the end of the week the RTS Siberia Index was 6.38% higher than a month ago (782.38 points as of June 6, 2010) and 53.55% higher than a year ago (542.02 points as of August, 6, 2009).

Out of the 10 component stocks 6 were pushing the RTS Siberia Index up (plus 25.00 points). The price for 4 securities remained unchanged.

The positive effect leaders were ordinary shares of OAO Raspadskaya (plus 15.43 points), JSC Gazprom Neft (plus 4.54 points) and JSC "RusHydro" (plus 2.76).

The metals & mining sector accounted for 37.9% of the RTS Siberia Index’ total capitalization. The other large-weight sectors were power (31.0%) and oil & gas (16.4%).

The RTS family of indices

 

Index

Last Value

Change over (Period), %

 

Week

Month

Quarter

Year

RTS Index

1,509.85

2.04%

11.54%

4.09%

39.31%

RTS Standard Index

9,664.52

0.17%

6.66%

3.04%

27.10%

RTS-2 Index

1,772.05

3.03%

11.15%

-1.57%

90.85%

RTS Oil & Gas Index

261.46

3.06%

11.12%

-2.57%

52.04%

RTS Consumer & Retail Index

181.92

1.46%

11.14%

2.08%

16.48%

RTS Metals & Mining Index

325.95

3.67%

14.40%

10.28%

97.79%

RTS Industrial Index

143.98

3.55%

4.67%

-8.22%

77.36%

RTS Electric Utilities Index

205.34

0.90%

3.53%

-3.00%

66.47%

RTS Telecom Index

365.16

2.93%

14.12%

-1.96%

58.36%

RTS Finances Index

254.13

3.84%

9.61%

-1.29%

69.65%

RTS Siberia Index

832.26

3.10%

6.38%

-13.64%

53.55%

For the week the RTS Index gained 2.04% to reach 1,509.85 points (1,479.73 points as of July 30, 2010), the RTS Standard Index (blue chips index) went up by 0.17% to end up at 9,664.52 points (9,648.34 points as of July 30, 2010)

Last week all the key economy sectors represented on the Russian stock market demonstrated positive dynamics. The largest growth was shown by the power section, with the RTS Electric Utilities Index going up by 3.84%. A significant increase was also demonstrated by the consumer and industrial sectors, with the RTS Consumer & Retail Index adding 3.67% and the RTS Industrial Index gaining 3.55%.

The regional RTS Siberia Index went up by 3.10%.

The US dollar depreciated by 1.19% against the Russian ruble to reach 29.86 rubles per US dollar (30.22 rubles as of July 30, 2010).