RTS Released Index Weekly Wrap up
OREANDA-NEWS. October 27, 2010. For the week of October 18-22, 2010 the Russian stock market experienced an upturn of prices.
The RTS Index (RTSI) went up to 1,608.71 points (1.70%) from 1,581.90 points as of October 15, 2010. At the end of the week the RTS Index was 8.92% higher than a month ago (1,477.01 points as of September 22, 2010) and 11.07% higher than a year ago (1,448.34 points as of October 22, 2009).
Over the week the US dollar added 2.67% against the Russian ruble.
Out of 50 RTSI constituents 18 were pushing the Index upwards (plus 45.78 points overall), whereas 24 securities behaved negatively (down 18.97 points in total). The price for 8 securities remained unchanged.
The positive effect leaders were ordinary shares of Sberbank (plus23.61 points), Gazprom (plus 9.10 points) and JSC VTB Bank (plus 4.66 points).
The negative impact was mainly related to the falling prices for ordinary shares of OJSC ‘LUKOIL’ (down 7.90 points).
In the oil and gas sector 47.39% of the RTSI total capitalization was concentrated. The other large-weight sectors were banks & finance (21.18%) and metals & mining (15.71%).
On the sector level the major positive contributors were the financial sector (plus 29.92 points in total) and the oil & gas sector (plus 3.24 points).
RTSI Futures Contracts
The weekly trading volume in the RTSI derivatives amounted to 567,7 billion rubles or 5,9 million contracts. Futures contracts on the RTS Index made up 63.50% of the total FORTS turnover (Futures and Options on RTS) in cash terms.
With the RTSI gaining 1,70%, December contracts and March contracts went up by 1.72% and 1.96% respectively.
Last week RTSI linked futures were trading below the spot. December contracts closed 4.46 points in backwardation, whereas for March contracts backwardation stood at 5.46 points.
For the week the total investor’s open interest measured in contracts increased by 0.07%.
The RTS Standard Index
For the week of October 18-22, 2010 the ruble RTS Standard Index showed a positive trend.
The RTS Standard Index went up by 2.72% to 10,454.00 points (10,177.17 points as of October 15, 2010). At the end of the week the RTS Standard Index was 7.33% higher than a month ago (9,739.85 points as of September 22, 2010) and 10.96% higher than a year ago (9,421,27 points as of October 22, 2009).
Out of 15 RTS Standard Index constituents 8 were pushing the Index upwards (plus 369.34 points overall), whereas 7 securities behaved negatively (down 92.51 points in total).
The positive effect leaders were ordinary shares of Sberbank (plus 196.20 points) and Gazprom (plus 79.37 points).
The negative impact was mainly related to the falling prices for ordinary shares of OJSC “LUKOIL” (down 56.40 points).
Out of the blue chips the top risers were ordinary shares of JSC VTB Bank, that gained 10.76%, and ordinary and preferred shares of Sberbank that went up by 10.24% and 8.08% respectively.
The oil & gas sector accounted for 53.40% of the RTS Standard Index’ total capitalization. The other large-weight sectors were finance (25.56%) and metallurgy (13.37%).
Second-tier stocks
For the week of October 18-22, 2010 the second tier stocks market demonstrated a multidirectional trend.
Over the reviewed period the RTS-2 Index lost 0.41% to reach 1,988.68 points (1,996.85 points as of October 15, 2010). At the end of the week the RTS-2 Index was 5.16% higher than a month ago (1,891.12 points as of September 22, 2010), and 49.86% higher than a year ago (1,327.01 points as of October 22, 2009).
19 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 21.69 points overall), 23 instruments pulled the Index downwards (down 29.86 points). The price for 25 securities remained unchanged.
The negative impact was mainly due to the falling prices for ordinary shares of JSC "Polymetal" (down 8.95 points), preferred shares of JSOC Bashneft (down 3.75 points) and ordinary shares of OJSC "Volga TGC" (down 3.36 points).
Most of the positive effect was related to the growing prices for ordinary shares of JSC "IDGC Holding" (plus 3.83 points).
In terms of weight in the RTS-2 Index, the power sector was the largest (32.1%), followed by the consumer goods & trading sector (18.3%) and metals & mining sector (13.8%).
Most of the RTS-2 Index decline was due to the negative contributions by the securities of the following sectors: metallurgy (down 6.65 points in total)and oil & gas (down 5.78 points overall).
RTS
For the week of October 18-22, 2010 stocks constituting the RTS Siberia Index were on the rise.
The RTS Siberia Index gained 0.20% to close at 897.95 points (896.14 points as of October 15, 2010). At the end of the week the RTS Siberia Index was 6.25% higher than a month ago (845.12 points as of September 22, 2010) and 24.51% higher than a year ago (721.18 points as of October 22, 2009).
Out of the 11 component stocks 4 were pushing the RTS Siberia Index up (plus 8.01 points), three securities moved the Index down (6.20 points). The price for four securities remained unchanged.
The positive effect leaders were ordinary shares of OJSC Raspadskaya (plus 5.09 points) and OJSC Sibirtelekom (plus 1.92).
The most negative impact on RTS Siberia Index was coming from the price decline of ordinary shares of JSC "WGC-3" (down 4.79 points).
The power sector accounted for 37.4% of the RTS Siberia Index’ total capitalization. The other large-weight sectors were metallurgy (37.0%) and oil & gas (14.1%).
For the week the RTS Index gained 1.70% to reach 1,608.71 points (1,581.90 points as of October 15, 2010), the RTS Standard Index (blue chips index) went up by 2.72% to end up at 10,454.00 points (10,177.17 points as of October 15, 2010)
Last week all the key economy sectors represented on the Russian stock market demonstrated positive dynamics. The largest growth was shown by the financial section, with the RTS Finances Index going up by 5.80%. The most decline was shown by the metallurgy sector with the RTS Metals & Mining Index fell 3.39%.
The regional RTS Siberia Index went up by 0.20%.
The US dollar appreciated by 2.67% against the Russian ruble to reach 30.73 rubles per US dollar (29.93 rubles as of October 15, 2010).
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