OREANDA-NEWS. March 25, 2011. In February 2011 the Russian stock market demonstrated positive dynamics.

For the last month the RTS Index went up by 5.33% to 1 969,91 points (1 870,31 points on 31 January 2011). Besides, by the end of February RTSI was 39.63% higher compared to its closing level one year ago (1 410,85 points on 27 February 2010). The U.S. Dollar went down by 2.46% against the Ruble in February.

Growth of the stock market in February was accompanied by a volatility-decrease, Russian volatility index RTSVX went down by 7.04%.

In February 2011 30 stocks, out of RTSI's total 50 constituents, had positive impact on the Index's dynamics (plus 115.71 index points), 20 securities moved negatively (minus16.11 points).

The most positive impact was coming from the growing prices of ordinary shares of JSC "Lukoil" (plus 37.46 points), JSC "Gazprom" (plus 30.02 points) and JSC "Rosneft" (plus 13.66 points),

The most negative impact was coming from the price decline of ordinary shares JSC "GMK Norilsk Nickel" (minus 4,86 points).

51.0% of the RTSI total capitalization concentrated in the Oil & Gas Sector. The other large- weight sectors were Finance (16.4%) and Metallurgy (15.9%).

In February the major positive contributors were the securities of Oil & Gas Sector (plus 101,54 points).

RTSI Futures Contract

Trading in RTSI-linked derivatives amounted to RUR 2 837,22 billion or 25,80 million contracts in February 2011. Futures based on RTSI remained the most liquid derivative contracts making up 69.30% of the total FORTS (Futures and Options on the RTS) turnover in cash terms.

With RTSI going up by 5.33%, the March contracts (RTS-3.11) grew in price by 5.86%, and June contracts (RTS-6.11) by 5.79%

In the passed month all the RTSI-based futures traded below the spot level, and the March futures closed below the main indicator of a stock market, the RTSI index by 4.31 points, and the June - 18.91 points.

The volume of opened positions went up by 26,34% against the end of February.

The RTS Standard Index

In February 2011 the RTS Standard Index demonstrated multidirectional dynamics.

The RTS Standard Index went up by 2.49% to 12 123.66 points (11 828,74 points on 31 January 2011). By the end of the month the RTS Standard Index was 32.44% higher compared to its closing level one year ago (9 154,18 points on 27 February 2010).

In February 2011 8 stocks, out of the RTS Standard Index total 15 constituents, had positive impact on its dynamics (plus 492.17 index points), 7 securities moved negatively (minus 197.25 points).

The most positive impact was coming from the price increase of ordinary shares of JSC "Lukoil" its contribution was plus 228.45 index points, JSC "Gazprom" (plus 161.98 points), JSC "Rosneft", (plus 74.07 points)

Most of the negative impact was related to the price decline of ordinary shares of JSC "GMK Norilsk Nickel" (minus 82.68 points).

Among the blue chips that demonstrated the major growing of prices were JSC "Lukoil", the price increase of its ordinary shares was 11.52%, JSC "Rosneft" - 7.19% and JSC "Gazprom" - 7.07%.

The largest falling was demonstrated by the ordinary shares of JSC "GMK Norilsk Nickel", its shares went down by 5.72%

57.08% of the RTS Standard Index total capitalization concentrated in the Oil & Gas Sector. The other large- weight sectors were Finance (20.06%) and Metallurgy , (14.03%).

Second-tier Stocks

In February 2011 the second-tier shares demonstrated multidirectional dynamics.

The RTS-2 Index for the past month went up by 0.76% to 2 324,70 (2 307,27 on 31 January 2011). As of the end of February RTS-2 was 47.88% higher compared to its closing level one year ago (1 572,03 points on 27 February 2010).

Out of 68 constituent stocks on the RTS-2 Index, 28 had positive impact on its dynamics (plus 84.35 index points), 34 had negative impact (minus 66.92 points). The price of 6 stocks remained unchanged.

Most of the positive impact on the RTS-2 Index was coming from growing prices of ordinary shares of JSC "Polymetal" (plus 18.45 points) and JSC "Bashneft" (plus 15.14 points) and from the privileged shares of JSC "Bashneft" (plus 6.34 points).

Most of the negative impact on the RTS-2 Index was coming from the falling prices of the ordinary shares of JSC "OGK-4" (minus 8.66 points).

In terms of weight in RTS-2 Index, the largest were the following Sectors: the Power Sector (28.8%), the Consumer Goods & Trading Sector (17.8%), and the Metallurgy (14.4%)

The largest contribution to the growing RTS-2 in February made securities of the Oil & Gas Sector (overall plus 21.81 points), and Telecommunications (overall plus 19.53 points).

The RTS Siberia Index

In February 2011 the Siberian stock market showed multidirectional trend.

For the last month the RTS Siberia Index went down by 0.91% to 1 000,83 points (1 009,98 points on 31 January 2011). Besides, by the end of February RTS Siberia Index was 24.86% higher compared to its closing level one year ago (801.56 points on 27 February 2010).

In February 2011 6 stocks, out of RTS Siberia Index's total 11 constituents, had negative impact on the Index's dynamics (minus 36,89 index points), 3 securities had positive impact (plus 27.74 points), The price of 2 stock remained unchanged.

Most of the negative impact was coming from the falling prices of the ordinary shares of JSC "Irkutsk-Energo" (minus 10.56 points), JSC "OGK-3" (minus 10.05 points) and JSC "Norilsk Nickel" (minus 9.89 points).

Most of the positive impact was coming from the growing prices of ordinary shares of JSC "Gazpromneft" (plus 24.24 points).

39.0% of the RTS Siberia Index total capitalization concentrated in the Metallurgy. The other large-weight sectors were the Power Sector (31.8%) and the Oil & Gas Sector (17.6%).

The RTS Family of Indices

 

Last

Change over (Period), %

Max

Min

Index

Value

Month

Quarter

Year

Value

Date

Value

Date

RTS Index

1 969,91

5,33%

23,32%

39,63%

1 969,91

28.02.2011

1 846,92

10.02.2011

RTS Standard Index

12 123,66

2,49%

13,60%

32,44%

12 139,32

02.02.2011

11 502,97

10.02.2011

RTS-2 Index

2 324,70

0,76%

13,86%

47,88%

2 328,74

08.02.2011

2 277,56

24.02.2011

RTS Metals & Mining Index

368,86

0,33%

21,87%

46,75%

374,41

02.02.2011

349,47

10.02.2011

RTS Oil & Gas Index

235,39

10,94%

31,17%

35,15%

235,39

28.02.2011

217,35

10.02.2011

RTS Consumer & Retail Index

443,74

-1,16%

16,66%

73,05%

450,13

02.02.2011

439,19

25.02.2011

RTS Industrial Index

239,26

-0,91%

22,49%

62,31%

244,20

17.02.2011

236,21

10.02.2011

RTS Telecom Index

292,48

5,46%

18,51%

40,05%

292,55

09.02.2011

277,33

01.02.2011

RTS Finances Index

492,80

1,27%

20,33%

25,59%

492,80

28.02.2011

463,80

10.02.2011

RTS Electric Utilities Index

276,29

-2,85%

3,92%

24,30%

286,74

01.02.2011

267,25

24.02.2011

RTS Siberia Index

1 000,83

-0,91%

6,48%

24,86%

1 013,02

02.02.2011

985,21

24.02.2011

Russian volatility Index

25,61

-7,04%

-1,56%

-26,47%

29,61

15.02.2011

24,00

25.02.2011

The majority of key-sectors represented on the Russian stock market demonstrated positive dynamics in February.

The leader of growth was the Oil & Gas Sector - the RTS Oil & Gas Sector Index went up by 10.94%. A considerable growth was demonstrated by the Telecommunications, RTS Telecom Index gained 5.46%, the largest falling was demonstrated by the Power Sector, RTS Electric Utilities Index went down by 2.85%.

The RTS Siberia Index went down by 0.91%

In February the U.S. Dollar went down by 2.46% against the Russian Ruble - to RUR 28.94USD  (29.67 on 31 January 2011).

 

 

MC of constituent companies, USD mln

Combined MC, free-float

Share of

Index

Number of constituents

Total

Average

Max

Min

adjusted, USD mln

total

MC, %

RTS Index

50

878 677,23

17 573,54

173 107,59

736,81

207 627,80

83,33%

RTS Standard Index

15

621 631,34

41 442,09

172 509,36

2 107,69

164 360,87

58,95%

RTS-2 Index

68

141 985,17

2 088,02

11 611,25

109,93

32 379,33

13,46%

RTS Oil & Gas Index

12

466 769,98

38 897,50

173 107,59

514,80

85 857,73

44,26%

RTS Consumer & Retail Index

11

27 179,30

2 470,85

11 611,25

285,99

3 553,65

2,58%

RTS Metals & Mining Index

12

145 600,86

12 133,41

46 381,54

270,98

20 116,98

13,81%

RTS Industrial Index

7

7 427,91

1061,13

3 178,76

109,93

858,24

0,70%

RTS Electric Utilities Index

15

75 011,13

5 000,74

17 849,63

1 220,52

16 451,95

7,11%

RTS Telecom Index

9

29 737,56

3 304,17

17 010,03

675,00

4 333,89

2,82%

RTS Finances Index

10

128 371,71

12 837,17

76 421,25

170,50

4 469,48

12,17%

RTS Siberia Index

11

102 411,61

9 310,15

46 205,09

172,38

5 042,94

9,71%