OREANDA-NEWS. April 13, 2011. In March 2011 the Russian stock market demonstrated positive dynamics.

For the last month the RTS Index went up by 3.77% to 2 044.20 points (1 969.91 points on 28 February 2011). Besides, by the end of March RTSI was 30.00% higher compared to its closing level one year ago (1 572.48 points on 31 March 2010). The U.S. Dollar went down by 1.77% against the Ruble in March.

Growth of the stock market in March was accompanied by a volatility-decrease, Russian volatility index RTSVX went down by 5.38%.

In March 2011 36 stocks, out of RTSI's total 56 constituents, had positive impact on the Index's dynamics (plus 92.02 index points), 20 securities moved negatively (minus 17.73 points).

The most positive impact was coming from the growing prices of ordinary shares of JSC "Gazprom" (plus 30.90 points), JSC "Sberbank Rossii" (plus 19.47 points) and JSC "GMK Norilsk Nickel" (plus 12.00 points).

The most negative impact was coming from the price decline of ordinary shares JSC "Surgutneftegaz" (minus 6.16 points).

50.2% of the RTSI total capitalization concentrated in the Oil & Gas Sector. The other large- weight sectors were Finance (20.3%) and Metallurgy (14.4%).

In March the major positive contributors were the securities of the Oil & Gas Sector (plus 34.24 points) and the Finance (plus 22.06 points).

RTSI Futures Contract

Trading in RTSI-linked derivatives amounted to RUR 3 306.4 billion or 30,0 million contracts in March 2011. Futures based on RTSI remained the most liquid derivative contracts making up 67,75% of the total FORTS (Futures and Options on the RTS) turnover in cash terms.

With RTSI going up by 3,77%, the March contracts (RTS-3.11) went down in price by 3,25%, and the June contracts (RTS-6.11) went up by 2,12%

In the passed month all the RTSI-based futures traded below the spot level, and the June futures closed below the main indicator of a stock market, the RTS Index, by 51.8 points.

The exercise of March contracts for RTS Index happened in the passed month. The price of exercise was determined on March 15th and was 190 178 points.

The volume of opened positions went up by 13,84% against the end of February.

The RTS Standard Index

In March 2011 the RTS Standard Index demonstrated multidirectional dynamics.

The RTS Standard Index went up by 2.37% to 12 411,57 points (12 123,66 points on 28 February 2011). By the end of the month the RTS Standard Index was 24,68% higher compared to its closing level one year ago (9 955.03 points on 31 March 2010).

In March 2011 9 stocks, out of the RTS Standard Index total 15 constituents, had positive impact on its dynamics (plus 425.7 index points), 6 securities moved negatively (minus 138.6 points).

The most positive impact was coming from the price increase of ordinary shares of JSC "Gazprom" its contribution was plus 202.0 index points, JSC "Sberbank Rossii" (plus 118,3 points), JSC "GMK Norilsk Nickel", (plus 74.6 points)

Most of the negative impact was related to the price decline of ordinary shares of JSC "Surgutneftegaz" (minus 58.0 points).

Among the blue chips that demonstrated the major growing of prices were JSC "Gazprom", the price increase of its ordinary shares was 8.5%, JSC "GMK Norilsk Nickel" -6.4% and JSC "Sberbank Rossii" - 4.7%.

The largest falling was demonstrated by the ordinary shares of JSC "Surgutneftegaz", its shares went down by 7.6%

54.43% of the RTS Standard Index total capitalization concentrated in the Oil & Gas Sector. The other large- weight sectors were Finance (24.63%) and Metallurgy (12.64%).

Second-tier Stocks

In March 2011 the second-tier shares demonstrated multidirectional dynamics.

The RTS-2 Index for the past month went up by 1.39% to 2 357.10 (2 324.70 on 28 February 2011). As of the end of March RTS-2 was 27.18% higher compared to its closing level one year ago (1 853.41 points on 31 March 2010).

Out of 69 constituent stocks on the RTS-2 Index, 35 had positive impact on its dynamics (plus 89.33 index points), 32 had negative impact (minus 56.92 points). The price of 2 stocks remained unchanged.

Most of the positive impact on the RTS-2 Index was coming from growing prices of privileged shares of JSC "Bashneft" (plus 17.82 points), ordinary shares of JSC "Magnit" (plus 16.73 points).

Most of the negative impact on the RTS-2 Index was coming from the falling prices of the ordinary shares of JSC "Raspadskaya" (minus 10.69 points).

In terms of weight in RTS-2 Index, the largest were the following Sectors: the Power Sector (34.9%), the Consumer Goods & Trading Sector (18.5%), and the Metallurgy (15.6%)

The largest contribution to the growing RTS-2 in March made securities of the Oil & Gas Sector (overall plus 30.32 points), and Telecommunications (overall plus 15.77 points).

The RTS Siberia Index

In March 2011 the Siberian stock market showed multidirectional trend.

For the last month the RTS Siberia Index went down by 1.92% to 981.61 points (1 000.83 points on 28 February 2011). Besides, by the end of March RTS Siberia Index was 0.04% higher compared to its closing level one year ago (981.22 points on 31 March 2010).

In March 2011 4 stocks, out of RTS Siberia Index's total 11 constituents, had negative impact on the Index's dynamics (minus 42.8 index points), 6 securities had positive impact (plus 23.8 points), The price of 1 stock remained unchanged.

Most of the negative impact was coming from the falling prices of the ordinary shares of JSC "Raspadskaya" (minus 24.65 points), JSC "OGK-3" (minus 9.84 points) and JSC "Belon" (minus 5.55 points).

Most of the positive impact was coming from the growing prices of ordinary shares of JSC "GMK Norilsk Nickel" (plus 9.68 points).

41.5% of the RTS Siberia Index total capitalization concentrated in the Power Sector. The other large-weight sectors were the Metallurgy (37.4%) and the Oil & Gas Sector (15.7%).

The RTS Family of Indices

 

Last

Change over (Period), %

Max

Min

Index

Value

Month

Quarter

Year

Value

Date

Value

Date

RTS Index

2 044,20

3,77%

15,47%

30,00%

2 045,06

28.03.2011

1 906,83

15.03.2011

RTS Standard Index

12 411,57

2,37%

8,94%

24,68%

12 425,82

30.03.2011

11 629,36

15.03.2011

RTS-2 Index

2 357,10

1,39%

5,33%

27,18%

2 357,10

31.03.2011

2 256,22

15.03.2011

RTS Metals & Mining Index

376,76

2,14%

5,89%

34,01%

380,97

03.03.2011

360,23

16.03.2011

RTS Oil & Gas Index

242,17

2,88%

22,95%

27,94%

242,50

05.03.2011

229,16

15.03.2011

RTS Consumer & Retail Index

446,76

0,68%

1,37%

45,11%

450,99

09.03.2011

426,81

17.03.2011

RTS Industrial Index

238,87

-0,16%

13,12%

49,84%

243,21

09.03.2011

234,53

24.03.2011

RTS Finances Index

491,97

-0,17%

8,61%

16,55%

498,29

03.03.2011

463,83

16.03.2011

RTS Electric Utilities Index

272,74

-1,28%

-0,30%

-0,46%

275,95

03.03.2011

252,35

15.03.2011

RTS Siberia Index

981,61

-1,92%

-1,83%

0,04%

1 001,89

02.03.2011

952,90

15.03.2011

Russian volatility Index

24,23

-5,38%

-7,84%

-20,65%

31,03

15.03.2011

22,63

04.03.2011

For the last month the RTS Index went up by 3.77% compared to the end of February, it's closing level on 31 March reached 2 044.20 points (1 969.91 points on 28 February 2011). The RTS Standard Index (the Index of "Blue chips") went up by 2.37% to 12 411.57 points (12 123.66 points on 28 February 2011).

Growth of the stock market in March was accompanied by a volatility-decrease, Russian volatility index RTSVX went down by 5.38% to 24.23 points (25.61 points on 28 February 2011).

The majority of key-sectors represented on the Russian stock market demonstrated multidirectional trend in March. The leader of growth was the Oil & Gas Sector - The RTS Oil & Gas Index went up by 2.88%. A considerable growth was demonstrated by the Metallurgy, the RTS Metals & Mining Index gained 2.14%. The largest falling was demonstrated by the Power Sector, the RTS Electric Utilities Index went down by 1.28%.

The RTS Siberia Index went down by 1.92%

In March the U.S. Dollar went down by 1.77% against the Russian Ruble - to RUR 28.43 USD  (28.94 on 28 February 2011).

RTS Index

50

951 759,49

19 035,19

190 748,62

702,54

221 850,16

87,20%

RTS Standard Index

15

645 393,03

43 026,20

190 627,20

2 242,42

175 702,86

59,13%

RTS-2 Index

58

128 731,17

2 219,50

12 456,51

109,93

28 735,91

11,79%

RTS Oil & Gas Index

14

531 452,01

37 960,86

190 748,62

516,28

95 041,62

48,69%

RTS Consumer & Retail Index

10

22 129,02

2 212,90

12 456,51

301,54

2 900,14

2,03%

RTS Metals & Mining Index

12

149 693,90

12 474,49

50 090,54

284,53

20 279,54

13,71%

RTS Industrial Index

7

7 329,13

1047,02

2 934,91

109,93

850,38

0,67%

RTS Electric Utilities Index

15

75 343,54

5 022,90

17 726,28

1 112,33

17 408,93

6,90%

RTS Finances Index

10

132 586,44

13 258,64

81 239,02

193,23

4 847,00

12,15%

RTS Siberia Index

10

105 146,13

10 514,61

50 052,31

192,68

3 530,03

9,63%