OREANDA-NEWS. January 15, 2010. In December 2009 the Russian stock market showed positive dynamics.

Over the last month the RTS Index increased by 5.07% to 1444.61 points (1374.93 points on 30 November). By the end of December RTSI was 128.62% higher compared to its closing level one year ago (631.89 points on 31 December 2008). The U.S. Dollar increased by 1.43% against the Ruble in December.

In December 2009, out of RTSI’s total 51 constituents 32 had positive impact on the Index dynamics (plus 84.94 index points), 19 securities moved negatively (minus 15.26 points).

Most of the positive impact was coming from the price increase of common shares of JSC “Sberbank Rossii” (plus 32.67 points), JSC “Gazprom” (plus 15.13 points), JSC “Rosneft” (plus 6.44 points).

The negative effect leader was JSC “FSK EES” (minus 4.73 points).

More than 50% of the RTSI total capitalization was concentrated in the Oil & Gas Sector. Among other large-weight sectors were the Finance (14.4%) and Power (6.6%).

The major contribution to the increase of RTSI in December came from the securities in the Banks & Finance Sector (plus 39.77 points), in the Oil & Gas Sector (plus 24.45 points) and in the Metals & Mining Sector (plus 4.72 points).

RTSI Futures Contract

Trading in RTSI-linked derivatives amounted to RUR 1,091.6 billion, or 13.1 million contracts, in December 2009. Futures based on RTSI remained the most liquid derivative contracts making up 67.41% of the total FORTS (Futures and Options on the RTS) turnover in cash terms.

With December RTSI increase of 5.07%, the December contracts (RTS-12.09) went up 0.85% and the March contracts (RTS-03.10) went up 7.39 %.

In the middle of the month contracts shifted from backwardation. By the end of the month the contango for the March contracts was at 23.03 points.

In December the performance of December contracts took place, execution price was 137 623 points and volume was 3,538,856,866.92 Rubles.

Investor’s open interest in the RTSI-based futures measured in contracts decreased by 37.39% compared to end of November.

In December 2009 the second-tier shares showed positive price dynamics.

The RTS-2 Index grew by 6.22% to 1427.28 (1343.67 on 30 November). As of the end of December RTS-2 was 160.36% higher compared to its closing level one year ago (548.20 points on 31 December 2008).

Out of 71 constituent stocks on the old and new RTS-2 Index, 35 had positive impact on its dynamics (plus 109.66 index points), 29 had negative impact (minus 26.06 points). The price of 7 stocks remained unchanged.

Most of the positive impact on the RTS-2 Index was coming from growing prices of common shares of JSC “Magnit” (plus 17.18 points), JSC “INTER RAO EES” (plus 10.19), and JSC “North-West Telecom” (plus 7.97).

Most of the negative impact on the RTS-2 Index was coming from declining prices of common shares of JSC “Holding MRSK” (minus 3.58 points).

In terms of weight in RTS-2 Index, the largest were the following Sectors: the Power Sector (26.4%), the Consumer Goods & Trading Sector (16.7%) and the Telecommunications Sector (15.5%).

The largest contribution to the growing RTS-2 in December came from the securities in the Telecommunications (overall plus 29.26 points), Power (16.30 points), and Oil & Gas (plus 12.47 points).

The RTS Family of Indices

The majority of the key sectors represented on the Russian stock market demonstrated positive dynamics.

In December the U.S. Dollar gained 1.43% against the Russian Ruble to reach RUR30.24/USD  (29.82 on 30 November).

The Telecommunications Sector experienced the largest growth: the RTSI – Telecommunications went up by 15.38%. A significant increase was demonstrated by the Banks & Finance Sector, with the RTSI – Finance gaining 4.81%.

The largest decline was reported by the Industrials Sector. The RTSI – Industrials decreased by 5.80%.