OREANDA-NEWS. September 7, 2010. For the week of August 30 ЎV September 3, 2010 the Russian stock market experienced an upturn of prices.

The RTS Index (RTSI) went up to 1,467.62 points (3.25%) from 1,421.47 points as of August 27, 2010. At the end of the week the RTS Index was 3.30% higher than a month ago (1,517.65 points as of August 3, 2010) and 36.34% higher than a year ago (1,074.05 points as of September 3, 2009).

Over the week the US dollar lost 0.42% against the Russian ruble.

Out of 50 RTSI constituents 34 were pushing the Index upwards (plus 47.30 points overall), whereas 3 securities behaved negatively (down 1.14 points in total). The price for 13 securities remained unchanged.

The positive effect leaders were ordinary shares of Sberbank (plus 12.35 points), Gazprom (plus 5.91 points) and

Surgutneftegas (plus 5.50 points).

The negative impact was mainly related to the falling prices for ordinary

shares of OJSC "Magnit"   (down 1.02 points).

In the oil and gas sector 49.26% of the RTSI total capitalization was concentrated. The other large-weight sectors were banks & finance (18.61%) and metals & mining (15.86%).

On the sector level the major positive contributors were the oil & gas sector (plus 19.36 points in total) and the financial sector (plus 15.71 points).

RTSI Futures Contracts

The weekly trading volume in the RTSI derivatives amounted to 399.21 billion rubles or 4.5 million contracts. Futures contracts on the RTS Index made up 70.59% 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 4.01% and 3.51% respectively.

Last week RTSI linked futures were trading below the spot. September contracts closed 2.83 points in contango, whereas for December contracts backwardation stood at 3.62 points.

For the week the total investorЎ¦s open interest measured in contracts increased by 9.84%.

The RTS Standard Index

For the week of August 30 ЎV September 3, 2010 the ruble RTS Standard Index showed a positive trend.

The RTS Standard Index went up by 3.48% to 9,681.27 points (9,355.62 points as of August 27, 2010). At the end of the week the RTS Standard Index was 0.54% lower than a month ago (9,734.25 points as of August 3, 2010) and 27.09% higher than a year ago (7,617.94 points as of September 3, 2009).

All 15 RTS Standard Index constituents were pushing the Index upwards (plus 325.65 points overall).

The positive effect leaders were ordinary shares of Sberbank (SBERS) (plus 97.74 points), Gazprom (plus 45.69 points) and Surgutneftegas (plus 43.69 points).

Out of the blue chips the top risers were ordinary shares of Surgutneftegas (SNGSS), that gained 7.03%, preferred shares of Surgutneftegas that went up by 6.30% and ordinary shares of JSC VTB Bank that added 6.27%.

The oil & gas sector accounted for 55.05% of the RTS Standard IndexЎ¦ total capitalization. The other large-weight sectors were finance (22.72%) and metallurgy (13.82%).

Ticker

Stock

 

Weight in the

RTS Standard

Index, %

Weight in the RTS Index, %

LKOHS

LUKOIL, ordinary

18.08%

14.77%

SBERS

Sberbank, ordinary

17.88%

14.61%

SBERPS

Sberbank, preferred

1.47%

1.20%

GAZPS

Gazprom, ordinary

17.67%

14.43%

GMKNS

NORILSK NICKEL, ordinary

10.21%

8.34%

ROSNS

Rosneft, ordinary

8.17%

6.67%

SNGSS

Surgutneftegas, ordinary

6.87%

5.61%

SNGSPS

Surgutneftegas, preferred

1.85%

1.51%

VTBRS

VTB Bank, ordinary

3.37%

2.75%

HYDRS

RusHydro, ordinary

3.37%

2.75%

URKAS

Uralkali, ordinary

2.76%

2.26%

TATNS

Tatneft, ordinary

2.41%

1.97%

FEESS

FGS UES, ordinary

2.28%

1.86%

PLZLS

Polyus Gold, ordinary

2.10%

1.71%

CHMFS

Total

Severstal, ordinary

1.51%

100.00%

1.24%

81.69%

Second-tier stocks

For the week of August 30 ЎV September 3, 2010 the second tier stocks market demonstrated an uptrend.

Over the reviewed period the RTS-2 Index added 2.11% to reach 1,772.55 points (1,735.95 points as of August 27, 2010). At the end of the week the RTS-2 Index was 1.31% higher than a month ago (1,749.68 points as of August 3, 2010), and 78.48% higher than a year ago (993.14 points as of September 3, 2009).

32 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 48.49 points overall), 8 instruments pulled the Index downwards (down 11.88 points). The price for 29 securities remained unchanged.

Most of the positive effect was related to the growing prices for ordinary shares of JSC "AVTOVAZ" (plus 10.77 points), JSC "Polymetal" (plus 5.36 points) and JSOC Bashneft   (plus 4.63 points).

The negative impact was mainly due to the falling prices for ordinary shares OJSC "Magnit" (down 8.13 points).

In terms of weight in the RTS-2 Index, the power sector was the largest (30.4%), followed by the consumer goods & trading sector (16.5%) and telecommunication sector (12.7%).

Most of the RTS-2 Index growth was due to the positive contributions by the securities of the following sectors: industrial (plus 12.99 points in total) and metallurgy (plus 8.65 points overall).

RTS Siberia Index

For the week of August 30 - September 3, 2010 stocks constituting the RTS Siberia Index were on the rise.

The RTS Siberia Index gained 1.84% to close at 836.37 points (821.28 points as of August 27, 2010). At the end of the week the RTS Siberia Index was 1.04% higher than a month ago (827.78 points as of August 3, 2010) and 49.66% higher than a year ago (558.86 points as of September 3, 2009).

Out of the 10 component stocks 7 were pushing the RTS Siberia Index up (plus 15.74 points). Two securities moved negatively (down 0.65). The price for one security remained unchanged.

The positive effect leaders were ordinary shares of OAO Raspadskaya (plus 5.70 points) and JSC "RusHydro" (plus 4.07).

The most negative impact on RTS Siberia Index was coming from the price decline of ordinary shares of Southern Kuzbass Coal Company †п†б†п (down 0.54 points).

The metals & mining sector accounted for 40.1% of the RTS Siberia IndexЎ¦ total capitalization. The other large-weight sectors were power (29.6%) and oil & gas (14.9%).

The RTS family of indices

 

Index

Last Value

Change over (Period), %

 

Week

Month

Quarter

Year

RTS Index

1,467.62

3.25%

-3.30%

5.35%

36.64%

RTS Standard Index

9,681.27

3.48%

-0.54%

4.17%

27.09%

RTS-2 Index

1,772.55

2.11%

1.31%

6.05%

78.48%

RTS Oil & Gas Index

261.32

3.36%

0.19%

4.97%

54.55%

RTS Consumer & Retail Index

175.31

2.90%

-4.09%

3.00%

16.52%

RTS Metals & Mining Index

314.18

-1.52%

-1.88%

11.82%

73.64%

RTS Industrial Index

170.65

21.26%

21.50%

23.20%

84.01%

RTS Electric Utilities Index

212.05

3.06%

3.20%

7.10%

48.40%

RTS Telecom Index

356.60

4.57%

-2.84%

5.34%

44.08%

RTS Finances Index

247.36

2.60%

-1.54%

-0.72%

68.57%

RTS Siberia Index

836.37

1.84%

1.04%

-1.43%

49.66%

For the week the RTS Index gained 3.25% to reach 1,467.62 points (1,421.47 points as of August 27, 2010), the RTS Standard Index (blue chips index) went up by 3.48% to end up at 9,681.27 points (9,355.62 points as of August 27, 2010)

Last week all the key economy sectors represented on the Russian stock market demonstrated positive dynamics. The largest growth was shown by the industrial section, with the RTS Industrial Index going up by 21.26%. A significant increase was also demonstrated by the financial and metallurgy sectors, with the RTS Finances Index adding 4.57% and the RTS Metals & Mining Index gaining 3.36%. The decline was shown only by the consumer sector with the RTS Consumer & Retail Index fell 1.52%.

The regional RTS Siberia Index went up by 1.84%.

The US dollar depreciated by 0.42% against the Russian ruble to reach 30.69 rubles per US dollar (30.82 rubles as of August 27, 2010).