OREANDA-NEWS. October 20, 2010. For the week of October 11-15, 2010 the Russian stock market experienced an upturn of prices.

The RTS Index (RTSI) went up to 1,581.90 points (0.96%) from 1,566.85 points as of October 8, 2010. At the end of the week the RTS Index was 6.56% higher than a month ago (1,484.50 points as of September 15, 2010) and 10.29% higher than a year ago (1,434.35 points as of October 15, 2009).

Over the week the US dollar added 1.01% against the Russian ruble.

Out of 50 RTSI constituents 28 were pushing the Index upwards (plus 22.7 points overall), whereas 13 securities behaved negatively (down 7.65 points in total). The price for 9 securities remained unchanged.

The positive effect leaders were ordinary shares of OAO ‘LUKOIL’ (plus 5.96 points), OJSC "MMC "NORILSK NICKEL (plus 3.29 points) and Sberbank (plus 3.04).

The negative impact was mainly related to the falling prices for ordinary shares of Gazprom (down 5.05 points).

In the oil and gas sector 47.99% of the RTSI total capitalization was concentrated. The other large-weight sectors were banks & finance (19.65%) and metals & mining (16.39%).

On the sector level the major positive contributors were the metallurgy sector (plus 7.81 points in total) and financial sector (plus 3.74points).

RTSI Futures Contracts

The weekly trading volume in the RTSI derivatives amounted to449.3 billion rubles or 4.7 million contracts. Futures contracts on the RTS Index made up 64.88% of the total FORTS turnover (Futures and Options on RTS) in cash terms.

With the RTSI gaining 0.96%, December contracts and March contracts went up by 0.39% and 0.39 respectively.

Last week RTSI linked futures were trading at the spot level. December contracts closed 4.7 points in backwardation, whereas for March contracts backwardation stood at 7.25 points.

For the week the total investor’s open interest measured in contracts decreased by 3.47%.

The RTS Standard Index

For the week of October 11-15, 2010 the ruble RTS Standard Index showed a positive trend.

The RTS Standard Index went up by 1.74% to 10,177.17 points (10,003.23 points as of October 8, 2010). At the end of the week the RTS Standard Index was 3.94% higher than a month ago (9,791.82 points as of September 15, 2010) and 8.25% higher than a year ago (9,401.73 points as of October 15, 2009).

Out of 15 RTS Standard Index constituents 14 were pushing the Index upwards (plus 198.15 points overall), whereas 1 securities behaved negatively (down 24.20 points in total).

The positive effect leaders were ordinary shares of OAO ‘LUKOIL’ (plus 63.87 points) and Sberbank (plus 41.23 points).

The negative impact was only related to the falling prices for ordinary shares of Gazprom (down 24.20 points).

Out of the blue chips the top risers were ordinary shares of OJSC "Polyus Gold", that gained 6.53%, OJSC Uralkali that went up by 5.20% and JSC "Severstal" that added 4.97%.

The oil & gas sector accounted for 54.35% of the RTS Standard Index’ total capitalization. The other large-weight sectors were finance (23.83%) and metallurgy (13.99%).

Ticker

Stock

 

Weight in the RTS Standard Index. %

Weight in the RTS Index. %

SBERS

Sberbank, ordinary

18.83%

15.18%

SBERPS

Sberbank, preferred

1.55%

1.25%

LKOHS

LUKOIL, ordinary

18.29%

14.75%

GAZPS

Gazprom, ordinary

17.25%

13.91%

GMKNS

NORILSK NICKEL, ordinary

10.07%

8.11%

ROSNS

Rosneft, ordinary

7.97%

6.42%

SNGSS

Surgutneftegas, ordinary

6.48%

5.23%

SNGSPS

Surgutneftegas, preferred

1.98%

1.60%

VTBRS

VTB Bank, ordinary

3.45%

2.78%

HYDRS

RusHydro, ordinary

3.11%

2.51%

URKAS

Uralkali, ordinary

2.54%

2.04%

TATNS

Tatneft, ordinary

2.37%

1.91%

PLZLS

Polyus Gold, ordinary

2.23%

1.80%

FEESS

FGS UES, ordinary

2.18%

1.75%

CHMFS

Severstal, ordinary

1.70%

1.37%

Total

 

100.00%

80.60%

Second-tier stocks

For the week of October 11-15, 2010 the second tier stocks market demonstrated an uptrend.

Over the reviewed period the RTS-2 Index added 0.40% to reach 1,996.85 points (1,988.85 points as of October 8, 2010). At the end of the week the RTS-2 Index was 6.97% higher than a month ago (1,866.73 points as of September 15, 2010), and 52.10% higher than a year ago (1,312.85 points as of October 15, 2009).

25 constituents out of 67 stocks on the basis of which the RTS-2 Index is calculated had a positive impact on the RTS-2 Index (plus 21.28 points overall), 17 instruments pulled the Index downwards (down 13.28 points). The price for 25 securities remained unchanged.

Most of the positive effect was related to the growing prices for ordinary shares of JSC "Aeroflot" (plus 2.16 points), ordinary shares of JSC "IDGC Holding" (plus 1.92 points) and Open Joint-Stock Company "DIXY GROUP" (plus 1.74 points).

The negative impact was mainly due to the falling prices for ordinary shares of JSC "OGK-2" (down 3.34 points).

In terms of weight in the RTS-2 Index, the power sector was the largest (32.0%), followed by the consumer goods & trading sector (18.1%) and metals & mining sector (14.1%).

Most of the RTS-2 Index growth was due to the positive contributions by the securities of the following sectors: consumer (plus 5.81 points in total) and finance (plus 3.19 points overall).

RTS Siberia Index

For the week of October 11-15, 2010 stocks constituting the RTS Siberia Index were on the rise.

The RTS Siberia Index gained 1.73% to close at 896.14 points (880.94 points as of October 8, 2010). At the end of the week the RTS Siberia Index was 6.13% higher than a month ago (844.35 points as of September 15, 2010) and 20.97% higher than a year ago (740.80 points as of October 15, 2009).

Out of the 10 component stocks seven were pushing the RTS Siberia Index up (plus 18.67 points. Two securities moved negatively (down 3.47).The price for two securities remained unchanged.

The positive effect leaders were ordinary shares of OJSC "MMC "NORILSK NICKEL (plus 4.39 points) and JSC Gazprom Neft (plus 4.06 points).

The negative impact was mainly due to the falling prices for ordinary shares JSC "WGC-3"  (down 3.43 points).

The power sector accounted for 38.0% of the RTS Siberia Index’ total capitalization. The other large-weight sectors were metallurgy (36.5%) and oil & gas (14.1%).

The RTS family of indices

 

Index

Last Value

Change over (Period), %

 

Week

Month

Quarter

Year

RTS Index

1,581.90

0.96%

6.56%

12.73%

10.29%

RTS Standard Index

10,177.17

1.74%

3.94%

10.56%

8.25%

RTS-2 Index

1,996.85

0.40%

6.97%

22.38%

52.10%

RTS Oil & Gas Index

300.94

3.35%

14.46%

24.11%

36.34%

RTS Consumer & Retail Index

183.59

0.22%

3.88%

9.44%

-7.45%

RTS Metals & Mining Index

350.75

2.72%

7.31%

18.65%

56.47%

RTS Industrial Index

172.16

0.37%

-1.13%

24.67%

28.47%

RTS Electric Utilities Index

232.20

0.50%

4.88%

15.56%

40.13%

RTS Telecom Index

393.96

1.51%

6.00%

15.55%

9.54%

RTS Finances Index

266.29

-0.24%

3.74%

11.97%

28.15%

RTS Siberia Index

896.14

1.73%

6.13%

11.06%

20.97%

For the week the RTS Index gained 0.96% to reach 1,581.90 points (1,566.85 points as of October 8, 2010), the RTS Standard Index (blue chips index) went up by1.74% to end up at 10,177.17 points (10,003.23 points as of October 8, 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 3.35%. A significant increase was also demonstrated by the consumer and financial sectors, with the RTS Consumer & Retail Index adding 2.72% and the RTS Finances Index gaining 1.51%. A decrease was demonstrated only by the power sector, with the RTS Electric Utilities Index shedding 0.24%.

The regional RTS Siberia Index went up by 1.73%.

The US dollar appreciated by 1.01% against the Russian ruble to reach 29.93 rubles per US dollar (29.63 rubles as of October 8, 2010).