OREANDA-NEWS. February 27, 2012. For the week of February 13-17, 2012 the MICEX Index rose 2.84% to 1,568.54 points from 1,525.17 points as of February 10, 2012.

The RTS Index calculated based on prices in US dollar added 3.33% to reach 1,656.60 points (1,603.25 points as of February 10, 2012). The US dollar appreciated by 1.79% against the ruble.

The stock market volatility fell last week, with the Russian Volatility Index declining 4.75% to 30.89 points (32.43 points as of February 10, 2012)

Last week all key economy sectors represented on the Russian stock market demonstrated a positive trend. The largest growth was reported by the engineering sector, with the relevant sector index gaining 6.32%. A significant increase was also shown by the telecommunication and power sectors, with the MICEX TLC\RTStl Index and MICEX PWR\RTSeu Index being up 2.95% and 2.52% respectively. The MICEX Innovation Index added 1.49%.

Mid cap companies were most affected by the last week's market growth, with the MICEX Mid Cap Index surging 3.51%. The MICEX Large Cap Index and MICEX Small Cap Index were up 2.77% and 1.92% respectively.

 

Last

Return over the period, %

Index

Value

Week

Month

Qurter

Year

Composite Indices

MICEX Index

1,568.54

2.84%

5.53%

6.32%

-7.35%

RTS Index

1,656.60

3.33%

12.21%

9.52%

-11.49%

RTS Standard Index

10,755.46

2.92%

5.66%

6.49%

-7.12%

Sectoral Indices (in RUB)*

Oil & Gas

3,252.33

2.42%

3.56%

5.23%

3.66%

Electric Utilities

2,385.50

2.52%

10.49%

2.66%

-26.95%

Consumer & Retail

4,633.06

2.24%

10.79%

3.44%

-22.42%

Telecommunication

2,291.11

2.95%

4.23%

9.46%

-9.73%

Industrials

2,078.17

6.32%

14.32%

13.73%

-29.03%

Financials

5,459.51

1.93%

6.12%

5.74%

-23.30%

Chemicals

7,541.26

2.12%

7.09%

5.14%

13.86%

Metals & Mining

3,655.00

1.35%

4.76%

4.32%

-33.87%

Large Cap

2,509.75

2.77%

4.64%

4.73%

-8.07%

Mid Cap

2,636.29

3.51%

8.76%

10.38%

-16.18%

Small Cap

3,965.16

1.92%

10.45%

2.76%

-31.52%

Russian Volatility Index

30.89

-4.75%

-20.20%

-33.77%

13.44%

RTS Siberia Index

759.19

1.71%

6.58%

6.81%

-23.40%

MICEX Innovation Index

766.75

1.49%

-4.36%

-7.37%

-32.88%

Currency (CBR)

USD/RUB

30.21

1.79%

-5.40%

-2.05%

3.20%

* Sector indices based on prices in US dollars are also available

 

For the week of February 13-17, 2012 the Russian stock market showed an upturn of prices.

The MICEX Index added 2.84% to reach 1,568.54 points from 1,525.17 points as of February 10, 2012. At the end of the week the MICEX Index was 5.53% higher than a month ago (1,486.34 points as of January 17, 2012) and 7.35% lower than a year ago (1,692.91 points as of February 17, 2011).

Trading volume of securities included into the MICEX Index constituents list and traded on the Main market equaled RUB225.61 billion. By the end of the week the market capitalization of the Index component stocks amounted to RUB21,148.91 billion.

Out of 30 constituents of the MICEX Index 26 were pulling the Index up (plus 2.89%), whereas four securities had a negative impact (down 0.05%).

On the sector level the major positive contributors were the oil & gas (plus 1.28%) and banks & finance sectors (plus 0.66%).

The positive effect leaders were ordinary shares of OAO LUKOIL (plus 0.52%), Uralkali (0.47%) and Sberbank (plus 0.44%).

The most negative impact was mainly due to the falling prices for preferred shares of Transneft (down 0.04%).

The oil & gas sector accounted for 53.55% of the MICEX Index' total capitalization. The other large- weight sectors were financial (19.67%) and metallurgy (8.94%).

For the week of February 13-17, 2012 the RTS Index moved up by 3.33% to 1,656.60 points from 1,603.25 points as of February 10, 2012. At the end of the week the RTS Index was 12.21% higher than a month ago (1,476.31 points as of January 17, 2012) and 11.49% lower than a year ago (1,871.59 points as of February 17, 2011).

Last week's growth of the RTS Index was accompanied by a decrease of volatility levels when the Russian Volatility Index RTSVX lost 4.75%.

The US dollar depreciated by 1.79% against the ruble.

Out of 50 Index constituents 33 were pulling the Index up (plus 3.41%), whereas six securities had a negative impact (down 0.08%). The price for 11 securities remained unchanged.

On the sector level the major positive contributors were the oil & gas (plus 1.69%) and financial sectors (plus 0.71%).

The positive effect leaders were ordinary shares of OAO LUKOIL (plus 0.64%), followed by Sberbank (plus 0.49%) and Uralkali (plus 0.46%).

The negative impact was mainly related to the lowering prices for preferred shares of Transneft (down 0.03%).

For the week of February 13-17, 2012 the total trading volume on the derivatives market FORTS equaled RUB650.88 billion rubles representing 6.62 million contracts.

Last week's trading volume for the most liquid contract on FORTS, futures contracts on the RTS Index, amounted to RUB577.56 billion representing 5.85 million contracts.

RTS Index futures contract traded in backwardation last week. By the end of the week the RTS Index added 3.33%, while the March and June futures contracts grew by 3.42% and 3.31% respectively.

The total investor's open interest measured in RTS Index futures decreased by 0.48%.

During the week, trading volume in futures contract on the MICEX Index on FORTS was RUB3.52 billion representing 22.40 thousand contracts. Open interest in the contract increased by 10.15%.

Trading volume in options on RTS Index futures totaled RUB68.63 billion representing 726.62 thousand contracts. By the end of the week, open interest of RUB71.52 billion or 774.04 thousand contracts was fixed. Call options made up 48.60% of the total open interest for these contracts. 170,000 strike calls and 155,000 strike puts had the highest open interest.

The total investor's open interest measured in options on the RTS index futures decreased by 28.06%.