OREANDA-NEWS. November 10, 2010. For the week of November 1-3, 2010 the Russian stock market experienced an upturn of prices.

The RTS Index (RTSI) went up to 1,602.53 points (0.97%) from 1,587.14 points as of October 29, 2010. At the end of the week the RTS Index was 4.61%    higher    than    a    month   ago

0 (1,531.91 points as of October 1, 2010) and 22.79% higher than a year ago

5 (1,305.11 points as of November 3, 2009).

0             Over the week the US dollar added

0.36% against the Russian ruble.

Out of 50 RTSI constituents 23 were pushing the Index upwards (plus 19.17 points overall), whereas 16 securities behaved negatively (down 3.78 points in total). The price for 11 securities remained unchanged.

The positive effect leaders were ordinary shares of Sberbank (plus 5.08 points), “LUKOIL” (plus 3.26 points) and OJSC Uralkali (plus 2.38points).

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

In the oil and gas sector 47.30% of the RTSI total capitalization was concentrated. The other large-weight sectors were banks & finance (21.18%) and metals & mining (15.72%).

On the sector level the major positive contributors were the oil & gas sector (plus 6.66 points in total) and the financial sector (plus 6.47 points).

RTSI Futures Contracts

The weekly trading volume in the RTSI derivatives amounted to 216.05 billion rubles or 2.19 million contracts. Futures contracts on the RTS Index made up 59.78% of the total FORTS turnover (Futures and Options on RTS) in cash terms.

With the RTSI gaining 0.97%, December contracts and March contracts went up by 0.92% and 1.03% respectively.

Last week RTSI linked futures were trading mainly above the spot. December contracts closed 1.78 points in backwardation, whereas for March contracts backwardation stood at 2.68 points.

For the week the total investor’s open interest measured in contracts increased by 2.10%.

The RTS Standard Index

For the week of November 1-3, 2010 the ruble RTS Standard Index showed a positive trend.

The RTS Standard Index went up by 0.96% to 10,564.25 points (10,463.83 points as of October 29, 2010). At the end of the week the RTS Standard Index was 6.45% higher than a month ago (9,923.74 points as of October 1, 2010) and 24.94% higher than a year ago (8,455.33 points as of November 3, 2009).

Out of 15 RTS Standard Index constituents 12 were pushing the Index upwards (plus 109.55 points overall), whereas 3 securities behaved negatively (down 9.13 points in total).

The positive effect leaders were ordinary shares of Sberbank   (plus 36.46 points) and “LUKOIL” (plus 22.36 points).

The negative impact was mainly related to the falling prices for ordinary shares of "FGC UES ", JSC

(down 4.29 points) and JSC "RusHydro" (down 2.57).

Out of the blue chips the top risers were ordinary shares of OJSC Uralkali , that gained 6.74%, JSC "Severstal" and JSC VTB Bank that went up by 2.95% and 2.14% respectively.

The oil & gas sector accounted for 53.12% of the RTS Standard Index’ total capitalization. The other large-weight sectors were finance (25.56%) and metallurgy (13.49%).

Ticker

Stock

 

Weight in the RTS Standard Index, %

Weight in the RTS Index, %

SBERS

Sberbank, ordinary

20.20%

16.38%

SBERPS

Sberbank, preferred

1.60%

1.30%

GAZPS

Gazprom, ordinary

17.50%

14.19%

LKOHS

LUKOIL, ordinary

17.22%

13.96%

GMKNS

NORILSK NICKEL, ordinary

9.90%

8.03%

ROSNS

Rosneft, ordinary

7.97%

6.46%

SNGSS

Surgutneftegas, ordinary

6.28%

5.09%

SNGSPS

Surgutneftegas, preferred

1.91%

1.55%

VTBRS

VTB Bank, ordinary

3.76%

3.05%

HYDRS

RusHydro, ordinary

2.94%

2.38%

URKAS

Uralkali, ordinary

2.81%

2.28%

TATNS

Tatneft, ordinary

2.24%

1.82%

FEESS

FGS UES, ordinary

2.09%

1.69%

PLZLS

Polyus Gold, ordinary

2.07%

1.68%

CHMFS

Severstal, ordinary

1.52%

1.23%

Total

 

100.00%

81.08%

Second-tier stocks

Over the reviewed period the RTS-2 Index lost 0.49% to reach 1,985.67 points (1,995.51 points as of October 29, 2010). At the end of the week the RTS-2 Index was 1.05% higher than a month ago (1,965.12 points as of October 1, 2010), and 55.22% higher than a year ago (1,279.25 points as of November 3, 2009).

17 constituents out of 67 stocks on the basis of which the RTS-2 Index is calculated had a negative impact on the RTS-2 Index (down 19.78 points overall), 16 instruments pulled the Index upwards (plus 9.93 points). The price for 34 securities remained unchanged.

The negative impact was mainly due to the falling prices for ordinary shares of JSC "Polymetal" (down 6.71 points), and JSC "IDGC Holding" (down 5.37 points).

Most of the positive effect was related to the growing prices for ordinary shares of JSC "Aeroflot" (plus 1.49 points) and O.J.S.C. "Uralsvyazinform" (plus 0.95 points).

In terms of weight in the RTS-2 Index, the power sector was the largest (32.3%), followed by the consumer goods & trading sector (18.3%) and metals & mining sector (13.4%).

Most of the RTS-2 Index decline was due to the negative contributions by the securities of the following sectors: metallurgy (down 9.04 points in total)and power (down 6.68 points overall).

RTS Siberia Index

For the week of November 1-3, 2010 stocks constituting the RTS Siberia Index experienced a negative dynamic.

The RTS Siberia Index lost 0.23% to close at 885.61 points (887.68 points as of October 29, 2010). At the end of the week the RTS Siberia Index was 2.26% higher than a month ago (866.06 points as of October 1, 2010) and 29.87% higher than a year ago (681.92 points as of November 3, 2009).

Out of the 11 component stocks 4 were pushing the RTS Siberia Index down (down 6.75 points), three securities moved the Index up (4.68 points). The price for four securities remained unchanged.

The most negative impact on RTS Siberia Index was coming from the price decline of ordinary shares of Raspadskaya (down 5.72 points) and JSC "RusHydro" (down 1.00 points).

The positive effect leaders were ordinary shares of JSC "WGC-3" (plus 2.64 points).

The power sector accounted for 37.3% of the RTS Siberia Index’ total capitalization. The other large-weight sectors were metallurgy (36.9%) and oil & gas (14.3%).

The RTS family of indices

Index

Last Value

Change over (Period), %

 

Week

Month

Quarter

Year

RTS Index

1,602.53

0.97%

4.61%

5.59%

22.79%

RTS Standard Index

10,564.25

0.96%

6.45%

8.53%

24.94%

RTS-2 Index

1,985.67

-0.49%

1.05%

13.49%

55.22%

RTS Metals & Mining Index

287.66

0.24%

2.59%

10.29%

34.21%

RTS Oil & Gas Index

183.46

0.86%

1.81%

0.37%

4.65%

RTS Consumer & Retail Index

359.45

0.02%

7.02%

12.26%

67.56%

RTS Industrial Index

182.27

1.56%

6.60%

29.78%

35.05%

RTS Telecom Index

229.64

0.10%

0.08%

11.76%

40.48%

RTS Finances Index

418.06

1.37%

10.19%

13.91%

27.53%

RTS Electric Utilities Index

262.56

-0.92%

-0.35%

4.51%

37.77%

RTS Siberia Index

885.61

-0.23%

2.26%

6.99%

29.87%

For the week the RTS Index gained 0.97% to reach 1,602.53 points (1,587.14 points as of October 29, 2010), the RTS Standard Index (blue chips index) went up by 0.09% to end up at 10,564.25 points (10,463.83 points as of October 29, 2010)

Last week all the key economy sectors represented on the Russian stock market demonstrated positive dynamics. The largest growth was shown by the industrial section, with the RTS Industrial Index going up by 1.56%. The most decline was shown by the power sector with the RTS Electric Utilities Index fell 0.92%.

The regional RTS Siberia Index went down by 0.23%.

The US dollar appreciated by 0.36% against the Russian ruble to reach 30.79 rubles per US dollar (30.68 rubles as of October 29, 2010).