OREANDA-NEWS. October 05, 2010. For the week of September 27 – October 1, 2010 the Russian stock market experienced an upturn of prices.

The RTS Index (RTSI) went up to 1,531.91 points (2.91%) from 1,488.67 points as of September 24, 2010. At the end of the week the RTS Index was 5.65% higher than a month ago (1,449.99 points as of September 1, 2010) and 20.92% higher than a year ago (1,266.85 points as of October 1, 2009).

Over the week the US dollar lost 1.19% against the Russian ruble.

Out of 50 RTSI constituents 39 were pushing the Index upwards (plus 49.20 points overall), whereas 10 securities behaved negatively (down 5.96 points in total). The price for 1 security remained unchanged.

The positive effect leaders were ordinary shares of Sberbank (plus 12.62 points), Rosneft (plus 5.54) and Gazprom (plus 5.42 points).

The negative impact was mainly related to the falling prices for ordinary shares of OAO “LUKOIL” (down 4.68 points).

In the oil and gas sector 48.61% of the RTSI total capitalization was concentrated. The other large-weight sectors were banks & finance (19.36%) and metals & mining (15.87%).

On the sector level the major positive contributors were the finance sector (plus 13.80 points in total) and the oil & gas sector (plus 13.78 points).

RTSI Futures Contracts

The weekly trading volume in the RTSI derivatives amounted to 416.22 billion rubles or 4.57 million contracts. Futures contracts on the RTS Index made up 61.29% of the total FORTS turnover (Futures and Options on RTS) in cash terms.

With the RTSI gaining 2.91%, December contracts and March contracts went up by 2.98% and 3.10% respectively.

Last week RTSI linked futures were trading below the spot. December contracts closed 0.46 points in backwardation, whereas for March contracts backwardation stood at 2.91 points.

For the week the total investor’s open interest measured in contracts increased by 11.86%.

The RTS Standard Index

For the week of September 27 – October 1, 2010 the ruble RTS Standard Index showed a positive trend.

The RTS Standard Index went up by 1.73% to 9,923.74 points (9,755.44 points as of September 24, 2010). At the end of the week the RTS Standard Index was 3.74% higher than a month ago (9,565.93 points as of September 1, 2010) and 17.70% higher than a year ago (8,431.47 points as of October 1, 2009).

Out of 15 RTS Standard Index constituents 11 were pushing the Index upwards (plus 233.38 points overall), whereas 4 securities behaved negatively (down 65.09 points in total).

The positive effect leaders were ordinary shares of Sberbank (plus 85.36 points) and Rosneft (plus 37.35 points).

The negative impact was mainly related to the falling prices for ordinary shares of OAO “LUKOIL” (down 54.96 points).

Out of the blue chips the top risers were ordinary shares of Sberbank, that gained 4.86%, Rosneft that added 4.76%, and ordinary shares of OJSC "MMC "NORILSK NICKEL that went up by 3.62%.

The oil & gas sector accounted for 55.12% of the RTS Standard Index’ total capitalization. The other large-weight sectors were finance (23.51%) and metallurgy (13.52%).

Second-tier stocks

For the week of September 27 – October 1, 2010 the second tier stocks market demonstrated an uptrend.

Over the reviewed period the RTS-2 Index added 3.74% to reach 1,965.12 points (1,894.34 points as of September 24, 2010). At the end of the week the RTS-2 Index was 12.02% higher than a month ago (1,754.26 points as of September 1, 2010), and 58.91% higher than a year ago (1,236.60 points as of October 1, 2009).

35 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 79.55 points overall), 13 instruments pulled the Index downwards (down 8.77 points). The price for 19 securities remained unchanged.

Most of the positive effect was related to the growing prices for ordinary shares of OJSC "Magnit" (plus 15.79 points), ordinary shares of JSC "Polymetal" (plus 13.43 points) and preferred shared of JSOC Bashneft (plus 7.24 points).

The negative impact was mainly due to the falling prices for ordinary shares of PJSC "NCSP" (down 2.16 points).

In terms of weight in the RTS-2 Index, the power sector was the largest (32.3%), followed by the consumer goods & trading sector (18.1%) and metals & mining sector (13.4%).

Most of the RTS-2 Index growth was due to the positive contributions by the securities of the power sector (plus 22.12 points in total) and metals & mining sector (plus 18.79 points in total).

RTS Siberia Index

For the week of September 27 – October 1, 2010 stocks constituting the RTS Siberia Index were on the rise.

The RTS Siberia Index gained 2.30% to close at 866.06 points (846.58 points as of September 24, 2010). At the end of the week the RTS Siberia Index was 4.26% higher than a month ago (830.66 points as of September 1, 2010) and 28.83% higher than a year ago (672.23 points as of October 1, 2009).

Out of the 11 component stocks 6 were pushing the RTS Siberia Index up (plus 23.69 points). Four securities moved negatively (down 4.21).The price for one security remained unchanged.

The positive effect leaders were ordinary shares of OAO Raspadskaya (plus 9.41 points), OJSC "MMC "NORILSK NICKEL (plus 4.28 points).

The most negative impact on RTS Siberia Index was coming from the price decline of ordinary shares of JSC Gazprom Neft (down 2.61 points).

The power sector accounted for 37.8% of the RTS Siberia Index’ total capitalization. The other large-weight sectors were metallurgy (36.5%) and oil & gas (14.2%).

The RTS family of indices

 

Index

Last Value

Change over (Period), %

 

Week

Month

Quarter

Year

RTS Index

1 531,91

2,91%

5,65%

18,87%

20,92%

RTS Standard Index

9 923,74

1,73%

3,74%

15,76%

17,70%

RTS-2 Index

1 965,12

3,74%

12,02%

23,01%

58,91%

RTS Oil & Gas Index

280,39

3,94%

8,34%

23,77%

38,50%

RTS Consumer & Retail Index

180,20

2,30%

4,02%

15,23%

3,68%

RTS Metals & Mining Index

335,86

1,83%

7,18%

18,14%

50,70%

RTS Industrial Index

170,98

-1,78%

19,32%

24,30%

31,42%

RTS Electric Utilities Index

229,45

2,86%

8,57%

16,15%

46,83%

RTS Telecom Index

379,40

1,33%

8,00%

23,35%

18,80%

RTS Finances Index

263,48

2,91%

8,88%

16,54%

39,28%

RTS Siberia Index

866,06

2,30%

4,26%

10,83%

28,83%

For the week the RTS Index gained 2.91% to reach 1,531.91 points (1,488.67 points as of September 24, 2010), the RTS Standard Index (blue chips index) went up by 1.73% to end up at 9,923.74 points (9,755.44 points as of September 24, 2010)

Last week all the key economy sectors represented on the Russian stock market demonstrated positive dynamics. The largest growth was shown by the metallurgy section, with the RTS Metals & Mining Index going up by 3.94%. A significant increase was also demonstrated by the power and telecommunication sectors, with the RTS Electric Utilities Index adding 2.91% and the RTS Telecom Index gaining 2.86%. A decrease was demonstrated only by the industrial sector, with the RTS Industrial Index shedding 1.78%

The regional RTS Siberia Index went up by 2.30%.

The US dollar depreciated by 1.58% against the Russian ruble to reach 30.51 rubles per US dollar (31.00 rubles as of September 24, 2010).