OREANDA-NEWS. July 15, 2010. For the week of July 5 – July 9, 2010 the Russian stock market experienced an upturn of prices.

The RTS Index (RTSI) went up to 1,359.45 points (3.25%) from 1,316.65 points as of July 2, 2010. At the end of the week the RTS Index was 1.87% higher than a month ago (1,334.55 points as of June 9, 2010) and 53.62% higher than a year ago (884.94 points as of July 9, 2009).

Over the week the US dollar lost 1.35% against the Russian ruble.

Out of 50 RTSI constituents 23 were pushing the Index upwards (plus 43.89 points overall), whereas 9 securities behaved negatively (down 1.09 points in total). The price for 18 securities remained unchanged.

The positive effect leaders were ordinary shares of Sberbank (plus 13.22 points) and Gazprom (plus 9.38 points).

The negative impact was mainly related to the falling prices for ordinary shares of "FGC UES", JSC (down 0.5 points).

In the oil and gas sector 49.68% of the RTSI total capitalization was concentrated. The other large-weight sectors were banks & finance (18.87%) and metallurgy (15.41%).

On the sector level the major positive contributors were the banks & finance sector (plus 16.15 points in total) and the oil & gas sector (plus 14.07 points).

RTSI Futures Contracts

The weekly trading volume in the RTSI derivatives amounted to 350.88 billion rubles or 4.23 million contracts. Futures contracts on the RTS Index made up 74.86% of the total FORTS turnover (Futures and Options on RTS) in cash terms.

With the RTSI gaining 3.25%, September contracts (RTS-09.10) and December contracts (12.10) went up by 3.75% and 3.5% respectively.

Last week RTSI linked futures were trading near the spot. September contracts closed 0.5 points in contango, whereas for December contracts contango stood at 0.6 points.

For the week the total investor’s open interest measured in contracts decreased by 2.50%.

The RTS Standard Index

For the week of July 5 – July 9, 2010 the ruble RTS Standard Index showed an uptrend.

The RTS Standard Index went up by 2.89% to 9,050.43 points (8,796.43 points as of July 2, 2010). At the end of the week the RTS Standard Index was 0.01% higher than a month ago (9,049.53 points as of June 9, 2010) and 49.53% higher than a year ago (6,052.62 points as of July 9, 2009).

Out of 15 constituents 10 had a positive impact on the RTS Standard Index (plus 270.19 points overall). Five securities moved negatively (down 16.36 point).

The positive effect leaders were ordinary shares of Sberbank (plus 97.32 points), Gazprom (plus 66.06 points) and OJSC "MMC "NORILSK NICKEL" (plus 57.93 points).

The negative impact was mainly due to the falling prices for ordinary shares of Rosneft (down 6.87 points).

Out of the blue chips the top risers were ordinary shares of OJSC "MMC "NORILSK NICKEL" that gained 6.9% followed by ordinary shares of Sberbank that added 6.28% and ordinary shares of JSC VTB Bank that went up by 5.09%.

The largest decline was demonstrated by ordinary shares of OJSC "Polyus Gold" that lost 2.58%.

The oil & gas sector accounted for 55.50% of the RTS Standard Index’ total capitalization. The other large-weight sectors were finance (22.99%) and metallurgy (13.50%).

Ticker

Stock

 

 

 

Weight in the

RTS Standard

Index, %

Weight in the RTS Index, %

LKOHS

LUKOIL, ordinary

18.36%

15.02%

SBERS

Sberbank, ordinary

18.18%

14.87%

SBERPS

Sberbank, preferred

1.53%

1.25%

GAZPS

Gazprom, ordinary

17.91%

14.65%

GMKNS

NORILSK NICKEL, ordinary

9.92%

8.11%

ROSNS

Rosneft, ordinary

8.08%

6.61%

SNGSS

Surgutneftegas, ordinary

6.73%

5.51%

SNGSPS

Surgutneftegas, preferred

1.86%

1.52%

HYDRS

RusHydro, ordinary

3.36%

2.75%

VTBRS

VTB Bank, ordinary

3.29%

2.69%

TATNS

Tatneft, ordinary

2.56%

2.10%

URKAS

Uralkali, ordinary

2.37%

1.94%

PLZLS

Polyus Gold, ordinary

2.30%

1.88%

FEESS

FGS UES, ordinary

2.28%

1.86%

CHMFS

Severstal, ordinary

1.29%

1.05%

Total

 

100.00%

81.82%

Second-tier stocks

For the week of July 5 – July 9, 2010 the second tier stocks market demonstrated an uptrend.

Over the reviewed period the RTS-2 Index added 1.20% to reach 1,602.36 points (1,583.39 points as of July 2, 2010). At the end of the week the RTS-2 Index was 1.44% lower than a month ago (1,625.72 points as of June 2, 2010), and 92.35% higher than a year ago (833.03 points as of July 9, 2009).

14 constituents out of 69 stocks on the basis of which the RTS-2 Index is calculated had a positive impact on the RTS-2 Index (plus 22.25 points overall), 8 instruments pulled the Index downwards (down 3.28 points). The price for 47 securities remained unchanged.

Most of the positive effect was related to the growing prices for ordinary shares of JSC "IDGC Holding" (plus 4.52 points), ordinary shares of PJSC "NCSP" (plus 3.23 points) and ordinary shares of JSC "Aeroflot" (plus 3.15 points).

The negative impact was mainly due to the falling prices for ordinary shares of JSC "TGC-1" (down 1.15 points).

In terms of weight in the RTS-2 Index, the power sector was the largest (30.2%), followed by the consumer goods & trading sector (16.0%) and metals & mining sector (13.2%).

Most of the RTS-2 Index growth was due to the positive contributions by the securities of the following sectors: power (plus 6.78 points in total) followed by banks & finance (plus 3.9 points overall) and water transportation (plus 3.23 points in total).

RTS Siberia Index

For the week of July 5 – July 9, 2010 stocks constituting the RTS Siberia Index were on the rise.

The RTS Siberia Index gained 2.09% to close at 796.85 points (780.53 points as of July 2, 2010). At the end of the week the RTS Siberia Index was 0.85% lower than a month ago (803.69 points as of June 9, 2010) and 62.72% higher than a year ago (489.72 points as of July 9, 2009).

Out of the 10 component stocks 3 were pushing the RTS Siberia Index up (plus 21.42 points), whereas 4 stocks had a negative impact on its dynamics (down 5.1 points). The price for 3 securities remained unchanged.

The positive effect leaders were ordinary shares of JSC "WGC-3" (plus 13.1 points) and OJSC "MMC "NORILSK NICKEL" (plus 7.78 points).

The negative impact was mainly due to the falling prices for ordinary shares of OAO Raspadskaya (down 2.31 points).

The metals & mining sector accounted for 36.7% of the RTS Siberia Index’ total capitalization. The other large-weight sectors were power (32.7%) and oil & gas (15.2%).

The RTS family of indices

 

Index

Last Value

Change over (Period), %

 

Week

Month

Quarter

Year

RTS Index

1,359.45

3.25%

1.87%

-16.69%

53.62%

RTS Standard Index

9,050.25

2.89%

0.01%

-12.00%

49.53%

RTS-2 Index

1,602.36

1.20%

-1.44%

-17.07%

92.35%

RTS Oil & Gas Index

235.41

2.45%

-1.17%

-18.27%

63.34%

RTS Consumer & Retail Index

163.51

1.93%

0.05%

-17.25%

30.13%

RTS Metals & Mining Index

284.11

0.58%

2.76%

-9.28%

90.12%

RTS Industrial Index

137.2

-0.26%

-0.30%

-18.83%

94.80%

RTS Electric Utilities Index

198.83

0.82%

2.57%

-13.41%

79.51%

RTS Telecom Index

328.13

5.41%

2.10%

-23.69%

63.13%

RTS Finances Index

231.66

1.50%

0.76%

-20.50%

74.02%

RTS Siberia Index

796.85

2.09%

-0.85%

-20.55%

62.72%

For the week the RTS Index gained 3.25% to reach 1,359.45 points (1.316.65 points as of July 2, 2010), the RTS Standard Index (blue chips index) went up by 2.89% to end up at 9,050.25 points (8,796.43 points as of July 2, 2010)

Last week almost all the key economy sectors represented on the Russian stock market demonstrated positive dynamics. The largest growth was shown by the financial sector. The RTS Finances Index going up by 5.41%. A significant increase was also demonstrated by the metals & mining and oil & gas sectors, with the RTS Metals & Mining Index adding 2.45% and the RTS Oil & Gas Index gaining 1.93%.

The regional RTS Siberia Index went up by 2.09%.

The US dollar depreciated by 1.35% against the Russian ruble to reach 30.95 rubles per US dollar (31.37 rubles as of July 2, 2010).