RTS Released Index Weekly Wrap up (30 May - 3 June, 2011)

OREANDA-NEWS. June 14, 2011. For the week of May 30 - June 3, 2011 the Russian stock market showed a decline of prices.

The RTS Index (RTSI) went down to 1,858.08 points (0.02%) from 1,858.39 points as of May 27, 2011. At the end of the week the RTS Index was 6.00% lower than a month ago (1,976.74 points as of May 3, 2011) and 33.38% higher than a year ago (1,393.12 points as of June 3, 2010).

Decline in prices on the stock market was accompanied by a decrease of volatility levels when the Russian Volatility Index RTSVX went down by 3.37%.

Over the week the US dollar lost 0.66% against the Russian ruble.

Out of 49 RTSI constituents 15 were pulling the Index down (down 19.45 points overall), whereas 28 securities had a positive impact (plus 19.14 points in total). The price for six securities remained unchanged.

The negative effect leaders were ordinary shares of Gazprom (down 5.89 points), "OJSC "MMC "NORILSK NICKEL" (down 4.09 points) and Sberbank (down 3.73 points).

The positive impact was mainly related to the growing prices for ordinary shares of JSC "NOVATEK" (plus 3.47 points).

Over 49.72% of the RTSI total capitalization was concentrated in the oil and gas sector. The other large-weight sectors were finance (20.27%) and metallurgy (14.95%).

On the sector level the major negative contributor was the finance sector (down 4.33 points) and metallurgy (down 2.50 points).RTSI Futures Contracts

For the week of May 30 - June 3, 2011 the trading volume in the RTSI derivatives amounted to 843.91 billion rubles or 8.08 million contracts. The turnover of futures contracts on the RTS Index made up 66.55% of the total FORTS turnover (Futures and Options on RTS) in cash terms.

With the RTSI losing 0.02%, June contracts and September contracts shed 0.36% and 0.38% respectively.

During the reviewed period RTSI linked futures were trading below the spot. By the end of the week June contracts were 12.03 points in backwardation, while for September contracts backwardation stood at 18.13 points.

For the week investor's open interest measured in contracts increased by 9.23%.The RTS Standard Index

For the week of May 30 - June 3, 2011 the RTS Standard Index experienced negative movement of prices.

The RTS Standard Index went down by 1.06% to 11,023.66 points (11,141.75 points as of May 27, 2011). At the end of the week the RTS Standard Index was4.51% lower than a month ago (11,544.74 points as of May 3, 2011) and 18.61% higher than a year ago (9,294.11 points as of June 3, 2010).

Out of 15 constituents eight had a negative impact on the RTS Standard Index (down 174.05 points overall). Seven securities moved positively (plus 55.96 points).

The most negative impact was mainly due to the falling prices for ordinary shares of Gazprom (down 56.03 points), Sberbank (down 38.91 points) and "OJSC "MMC "NORILSK NICKEL" (down 39.99 points).

The positive impact was mainly due to the growing prices for ordinary shares of OJSC Uralkali (plus 13.46 points).

Out of the blue chips the top fallers were ordinary shares of OJSC "MMC "NORILSK NICKEL that lost 3.13% followed by JSC VTB Bank and Gazprom that went down by 2.69% and 2.54% respectively. The oil & gas sector accounted for 53.21% of the RTS Standard Index' total capitalization. The other large-weight sectors were finance (24.57%) and metallurgy (13.32%).

For the week of May 30 - June 3, 2011 the second tier stocks market demonstrated positive dynamics.

Over the reviewed period the RTS-2 Index added 2.37% to reach 2,180.91 points (2,130.52 points as of May 27, 2011). At the end of the week the RTS- 2 Index was 5.02% lower than a month ago (2,296.09 points as of May 3, 2011), and 30.49% higher than a year ago (1,671.37 points as of June 3, 2010).

26 constituents out of 58 stocks on the basis of which the RTS-2 Index is calculated had a positive impact on the RTS-2 Index (plus 61.36 points overall), whereas 12 instruments were offsetting this effect (down 10.97 points). The price for 20 securities remained unchanged.

Most of the positive effect was related to the growing prices for ordinary shares of JSC "Polymetal" (plus 14.05 points), JSC "IDGC Holding" (plus 8.63 points) and OJSC "Magnit" (plus 7.01 points).

The negative impact was mainly due to the falling prices for ordinary shares of "Bank "Saint-Petersburg" OJSC (down 2.13 points) and FESCO (down 2.02 points).

In terms of weight in the RTS-2 Index, the power sector was the largest (31.88%), followed by the consumer goods & trading sector (18.88%) and metallurgy sector (16.15%).

Second-tier stocks

Most of the RTS-2 Index growth was due to the positive contributions by the securities of the following sectors: power (plus 20.04 points) followed by metallurgy (plus 14.07 points) and consumer (plus 16.15 points).RTS Siberia Index

For the week of May 30 - June 3, 2011 stocks constituting the RTS Siberia Index showed a negative movement.

The RTS Siberia Index went down by 2.64% to close at 901.09 points (925.53 points as of May 27, 2011). At the end of the week the RTS Siberia Index was 5.24% lower than a month ago (950.95 points as of May 3, 2011) and 6.20% higher than a year ago (848.48 points as of June 3, 2010).

Out of the 10 component stocks five had a negative impact on the Index's dynamics (down 28.48 points). Four securities moved positively (plus 4.04 points). The price for one security remained unchanged.

The most negative impact on RTS Siberia Index was coming from the price decline of ordinary shares of JSC Gazprom Neft (down 22.03 points) and OJSC "MMC "NORILSK NICKEL (down 4.8 points).

The positive effect had ordinary shares of JSC "WGC-3" (plus 2.61 points) and preferred shares of MDM Bank (plus 0.76 points).

The power sector accounted for 44.06% of the RTS Siberia Index' total capitalization. The other large-weight sectors were metallurgy (36.88%) and oil & gas (13.89%).The RTS family of indices

 

Over the week of May 30 - June 3, 2011, the RTS Index went down slightly by 0.02% to reach 1,858.08 points (1,858.39 points as of May 27, 2011). The RTS Standard Index, the blue chips index, lost 1.06% to reach 11,023.66 points (11,141.75 points as of May 27, 2011).

Last week's drop on the stock market was accompanied by a decrease of volatility levels when the Russian Volatility Index RTSVX went down by 3.37% to reach 24.63 points (25.49 points as of May 27, 2011).

Last week most of the key economy sectors represented on the Russian stock market demonstrated multidirectional movements. The largest downturn was reported by the finance sector, with the RTS Finances Index decreasing by 1.10%. The largest growth was shown by the power and consumer sectors, with the RTS Electric Utilities Index and RTS Consumer & Retail Index going up by 3.16% and 0.95% respectively.

The regional index, RTS Siberia Index, lost 2.64%.

The US dollar depreciated by 0.66% against the ruble to reach 28.04 rubles per US dollar (28.23 rubles as of May 27, 2011).