MICEX-RTS Released Russian Equity Indices Review 13-15 June
OREANDA-NEWS. June 25, 2012. For the week of June 13-15, 2012 the MICEX Index rose by 2.78% to 1,375.23 points from 1,338.07 points as of June 09, 2012.
The RTS Index calculated based on prices in US dollar was up 3.12% to reach 1,337.50 points (1,296.98 points as of June 09, 2012). The US dollar depreciated by 0.49% against the ruble.
The stock market volatility dropped last week, with the Russian Volatility Index diving by 9.50% to 38.48 points (42.52 points as of June 09, 2012). Last week most of the key economy sectors represented on the Russian stock market demonstrated a positive trend. The largest upturn was reported by the consumer & retail sector, with the relevant sector index rising by 3.87%. A significant increase was also shown by the financial and metals & mining sectors, with the MICEX CGS\RTScr Index and MICEX M&M\RTSmm Index adding 2.88% and 2.83% respectively.
The MICEX Innovation Index lost 1.50%.
Large cap companies were most affected by the last week's market growth, with the MICEX Large Cap Index being up by 2.56%. The MICEX Mid Cap Index grew by 2.48% while the MICEX Small Cap Index shed 0.18%.
For the week of June 13-15, 2012 the Russian stock market showed a positive trend. The MICEX Index was up 2.78% to 1,375.23 points from 1,338.07 points as of June 09, 2012. At the end of the week the MICEX Index was 2.27% higher than a month ago (1,344.75 points as of May 15, 2012) and 18.08% lower than a year ago (1,678.82 points as of June 15, 2011).
Trading volume of securities included into the MICEX Index constituents list and traded on the Main market equaled RUB110.72 billion. By the end of the week the market capitalization of the Index component stocks amounted to RUB18,459.28 billion.
Out of 30 MICEX Index's constituents 26 were pushing the Index upwards (plus 2.82%), whereas four securities behaved negatively (down 0.04%).
On the sector level the major positive contributors were the oil & gas (plus 1.44%), financial (plus 0.57%) and metals & mining sectors (plus 0.30%).
The most positive impact was mainly due to the rising prices for ordinary shares of Sberbank (plus 0.45%), followed by Gazprom (plus 0.41%) and Uralkaly (plus 0.26%).
The oil & gas sector accounted for 55.61% of the MICEX Index' total capitalization. The other large- weight sectors were financial (17.54%) and metallurgy (8.76%).
For the week of June 13-15, 2012 the RTS Index added 3.12% to 1,337.50 points from 1,296.98 points as of June 09, 2012. At the end of the week the RTS Index was 4.52% lower than a month ago (1,400.77 points as of May 15, 2012) and 30.30% lower than a year ago (1,919.05 points as of June 15, 2011).
Last week's increase of the RTS Index was accompanied by a decrease of volatility levels when the Russian Volatility Index RTSVX was down 9.50%.
The US dollar depreciated by 0.49% against the ruble.
Out of 50 Index constituents 38 were pulling the Index upwards (plus 3.32%), whereas 12 securities behaved negatively (down 0.20%).
On the sector level the major positive contributors were the oil & gas (plus 1.78%), financial (plus 0.64%) and metals & mining sectors (plus 0.34%).
The positive impact was mainly related to the rising prices of ordinary shares of Sberbank (plus 0.50%) followed by Gazprom (plus 0.50%) and JSC "LUKOIL" (plus 0.33%).
For the week of June 13-15, 2012 the total trading volume in index futures and options on the FORTS derivatives market equaled RUB387.27 billion rubles representing 4.55 million contracts.
Last week's trading volume for the most liquid contract on FORTS, futures contracts on the RTS Index, amounted to RUB347.87 billion representing 4.09 million contracts.
The RTS Index futures contract traded in backwardation last week. By the end of the week the RTS Index added 3.12%, while the June and September futures contracts were up 2.16% and 2.70% respectively.
The total investor's open interest measured in RTS Index futures decreased by 40.12%.
During the week, trading volume in futures contract on the MICEX Index was RUB2.02 billion representing 14.9 thousand contracts. Open interest in the contract decreased by 80.32%.
Trading volume in options on RTS Index futures totaled RUB35.96 billion representing 428.32 thousand contracts. Open interest of RUB124.03 billion or 1.43 million contracts was fixed as of the day preceding the contract's settlement day. Call options made up 50.18% of the total open interest for these contracts. The 140,000 strike calls had the highest open interest, similar to the 100,000 strike puts.
The total investor's open interest measured in options on the RTS index futures increased by 2.93%.