OREANDA-NEWS  On 10 September was announced, that in August 2008 RTS Index went down by 16,30%, as compared to the end of July 2008, and by the end of the trading session of August 29th, 2008 reached 1 646,14 points against 1 966,68 points as of the end of the previous month.

Most of the negative impact on the RTS Index dynamics was coming from falling prices for Sberbank ordinary shares (SBER) (-59,03 points), Gazprom ordinary shares (GAZP) (-51,91 points), Rosneft ordinary shares (ROSN) (-39,35 points).

The "second-tier" stock index – RTS-2 went down by 17,12% to reach 1 867,00 points (2 252,64  points as of the end of July, 2008). For the last month all key sectors, represented on the Russian stock market, showed a negative trend. The RTS Index – Financials demonstrated the largest drop: it fell by 18,04%. RTS Index – Industrials fell by 15,91%. RTS Index - Electric Utilities was the least liable to fall, it dropped by 11,69%.

In August 2008 the trading volume on RTS equaled 22,3 billion dollars (540,08 billion rubles*), including all types of trades.

The top sellers of the month on the RTS Stock market were Gazprom ordinary shares (GAZP) with the monthly turnover USD 206,0 mln, Sberbank ordinary shares (SBER) with the turnover USD  196,5 mln and LUKOIL ordinary shares (LKOH) – USD  135,0 mln. The share of the above securities in the turnover made up 23,55%, 22,46% and 15,44%.respectively.

The top gainers of the month were Mechel OAO ordinary shares (MTLR),  that experienced a 22,07% growth to close at USD 26,55, PJSC "Krasny Kotelshchik" privileged shares (KRKOP) that went up by 9,09% to reach USD 0,6 and ordinary shares of OJSC Concern "KALINA"  (KLNA) that gained 8,33% to close at USD  26,0.

The top losers of the month were ordinary shares of JSC "TGC-1" (TGKA), that fell in price by 54,40% to reach USD  0,00057, ordinary shares of IDGC of Northern Caucasus, JSC (MRKK) that went down by 48,21% to reach USD 4,2 and JSC "OGK-6"ordinary shares (OGKF) that were down by 37,7% to USD  0,038.

In August a considerable trading volume in bonds was registered. The top sellers of the month were LLC "FinanceBusinessGroup" bonds (FBGR02), whose trading volume stood at USD 66,5 mln. More information are available here.