OREANDA-NEWS. July 13, 2011. For the week of July 4-8, 2011 the Russian stock market experienced an upturn of prices.

The RTS Index (RTSI) went up to 1,958.40 points (1.08%) from 1,937.57 points as of July 1, 2011. At the end of the week the RTS Index was 2.46% higher than a month ago (1,911.41 points as of June 8, 2011) and 44.42% higher than a year ago (1,356.09 points as of July 8, 2010).

Growth 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 added 0.40% against the Russian ruble.

Out of 49 RTSI constituents 32 were pushing the Index upwards (plus 26.71 points overall), whereas 8 securities behaved negatively (down 5.88 points in total), price for 9 securities remained unchanged.

The positive effect leaders were ordinary shares of JSC  "LUKOIL" (plus 4.25 points), OJSC Uralkali (plus 3.20 points) and "OJSC "MMC "NORILSK NICKEL" (plus 2.53 points).

The negative impact was mainly related to the falling prices for ordinary shares of JSC VTB Bank (down 4.38 points).

In the oil and gas sector 48.81% of the RTSI total capitalization was concentrated. The other large-weight sectors were banks & finance (20.29%) and metals & mining (15.63%).

On the sector level the major positive contributors were the oil & gas (plus 12.81 points in total) and power sectors (plus 3.87 points in total).

RTSI Futures Contracts

The weekly trading volume in the RTSI derivatives amounted to 647.66 billion rubles or 5.98 million contracts. Futures contracts on the RTS Index made up 62.65% of the total FORTS turnover (Futures and Options on RTS) in cash terms.

With the RTSI gaining 1.08%, September contracts went up by 0.97% by the settlement date and December contracts grew by 0.96%.

During the reviewed period RTSI linked futures were trading below the spot. By the end of the week September contracts were 10.60 points in backwardation, while for December contracts backwardation stood at 16.70 points.

For the week the total investor's open interest measured in contracts increased by 1.06%.

The RTS Standard Index

For the week of July 4-8, 2011 the ruble RTS Standard Index showed a positive trend.

The RTS Standard Index went up by 1.15% to 11,677.21 points (11,544.74 points as of July 1, 2011). At the end of the week the RTS Standard Index was 3.25% higher than a month ago (11,309.91 points as of June 8, 2011) and 29.61% higher than a year ago (9,009.62 points as of July 8, 2010).

Out of 14 RTS Standard Index constituents 12 were pushing the Index upwards (plus 167.61 points overall), whereas two securities behaved negatively (down 35.14 points).

The positive effect leaders were ordinary shares of JSC  "LUKOIL" (plus 38.99 points), OJSC Uralkali (plus 26.07 points) and "OJSC "MMC "NORILSK NICKEL" (plus 23.53 points).

The negative impact was mainly related to the falling prices for ordinary shares of JSC VTB Bank (down 33.25 points).

Out of the blue chips the top risers were ordinary shares of OJSC Uralkali that gained 5.28%, followed by preferred shares of "Surgutneftegas" OJSC and ordinary shares of "FGC UES ", JSC that went up by 3.79% and 2.90% respectively.

The oil & gas sector accounted for 52.65% of the RTS Standard Index' total capitalization. The other large-weight sectors were finance (25.02%) and metallurgy (12.96%).

Ticker

Stock

Weight in the RTS Standard Index, %

Weight in the RTS Index, %

GAZPS

Gazprom, ordinary

18.74%

14.63%

SBERS

Sberbank, ordinary

18.65%

14.56%

SBERPS

Sberbank, preferred

1.66%

1.30%

LKOHS

LUKOIL, ordinary

16.90%

13.20%

GMKNS

NORILSK NICKEL, ordinary

10.92%

8.52%

ROSNS

Rosneft, Ѓ  ordinary

8.28%

6.46%

SNGSS

Surgutneftegas, ordinary

5.62%

4.39%

SNGSPS

Surgutneftegas, preferred

1.68%

1.31 %

VTBRS

VTB Bank, ordinary

4.71 %

3.68%

URKAS

Uralkali, ordinary

4.45%

3.48%

HYDRS

RusHydro, ordinary

2.63%

2.05%

FEESS

FGS UES, ordinary

2.28%

1.78%

CHMFS

Severstal, ordinary

2.05%

1.60%

TRNFPS

Transneft, preferred

1.43%

1.12%

Total

 

100.00%

78.09%

Second-tier stocks

For the week of July 4-8, 2011 the second tier stocks market demonstrated positive dynamics.

Over the reviewed period the RTS-2 Index added 2.78% to reach 2,275.57 points (2,214.01 points as of July 1, 2011). At the end of the week the RTS-2 Index was 3.98% higher than a month ago (2,188.46 points as of June 8, 2011), and 41.86% higher than a year ago (1,604.06 points as of July 8, 2010).

25 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 65.58 points overall), 7 instruments pulled the Index downwards (down 4.02 points). The price for 26 securities remained unchanged.

The positive effect leaders were ordinary shares of JSC "IDGC Holding" (plus 10.56 points), JSC "OGK- 4" (plus 6.82 points) and JSC  Raspadskaya (plus 6.28 points).

Most of the negative effect was related to the falling prices for ordinary shares of JSC  "PROTEK" (down 1.32 points) and JSC "OGK-6" (down 0.87 points).

In terms of weight in the RTS-2 Index, the power sector was the largest (38.41%), followed by the metallurgy sector (18.11%) and oil & gas sector (12.31%).

Most of the RTS-2 Index growth was due to the positive contributions by the securities of the following sectors: power (plus 30.72 points) and oil and gas (plus 8.19 points).

RTS Siberia Index

For the week of July 4-8, 2011 stocks constituting the RTS Siberia Index experienced a positive trend.

The RTS Siberia Index added 1.83% to close at 918.08 points (901.61 points as of July 1, 2011). At the end of the week the RTS Siberia Index was 0.93% higher than a month ago (909.62 points as of June 8, 2011) and 15.28% higher than a year ago (796.38 points as of July 8, 2010).

Out of the 9 component stocks four were moving the RTS Siberia Index up (plus 16.47 points).The price for five securities remained unchanged.

The positive effect leaders were ordinary shares of JSC  Raspadskaya (plus 10.56 points), followed by JSC "RusHydro" (plus 3.10 points) and "OJSC "MMC "NORILSK NICKEL" (plus 2.69 points).

The negative effect leaders were ordinary shares of JSC "Irkutskenergo" (down 12.44 points).

The power sector accounted for 44.67% of the RTS Siberia Index' total capitalization. The other large-weight sectors were metallurgy (40.53%) and oil & gas (14.80%).

The RTS family of indices

Index

Last

Change over (Period), %

Value

Week

Month

Quarter

Year

RTS Index

1,958.40

1.08%

2.46%

-7.78%

44.42%

RTS Standard Index

11,677.21

1.15%

3.25%

-8.29%

29.61%

RTS-2 Index

2,275.57

2.78%

3.98%

-5.42%

41.86%

RTS Metals & Mining Index

361.52

0.77%

1.97%

-6.86%

54.12%

RTS Oil & Gas Index

227.36

1.49%

0.87%

-10.41%

39.29%

RTS Consumer & Retail Index

430.86

2.39%

1.98%

-4.64%

51.17%

RTS Industrial Index

215.62

3.72%

3.65%

-10.55%

56.75%

RTS Finances Index

445.14

-0.17%

0.77%

-10.77%

35.96%

RTS Electric Utilities Index

258.57

3.27%

3.74%

-6.33%

11.24%

RTS Siberia Index

918.08

1.83%

0.93%

-7.78%

15.28%

Russian Volatility Index

22.06

-3.37%

-14.13%

-12.34%

-34.81%

The RTS Index went up by 1.08% to reach 1,958.40 points (1,937.57 points as of July 1, 2011). The RTS Standard Index, the blue chips index, gained 1.15% to reach 11,677.21 points (11,544.74 points as of July 1, 2011). The "second-tier" stock index - RTS-2 experienced an increase of 2.78% closing at 2,275.57 points (2,214.01 points as of July 1, 2011).

Last week's growth 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 22.06 points (22.83 points as of July 1, 2011).

Last week all the key economy sectors represented on the Russian stock market demonstrated a positive trend. The largest growth was reported by the industrial sector, with the RTS Industrial Index adding 3.72%. In addition, a significant growth was showed by power and consumer sectors, with the RTS Electric Utilities Index and RTS Consumer & Retail Index going up by 3.27% and 2.39% respectively. A decline was reported only by the finance sector, with the RTS Finances Index losing 0.17%.

The regional index, RTS Siberia Index, added 1.83%.

Last week the US dollar appreciated by 0.40% against the ruble to reach 27.99 rubles per US dollar (27.87 rubles as of July 1, 2011).