RTS Released Index Weekly Wrap up

OREANDA-NEWS. June 27, 2011. For the week of June 13-17, 2011 the Russian stock market showed a decline of prices.

The RTS Index (RTSI) went down to 1,878.55 points (2.46%) from 1,926.02 points as of June 10, 2011. At the end of the week the RTS Index was 2.72% lower than a month ago (1,828.89 points as of May 17, 2011) and 34.12% higher than a year ago (1,400.66 points as of June 17, 2010).

The Russian Volatility Index RTSVX remained unchanged (24.85 points as of June 10, 2011).

Over the week the US dollar added 1.76% against the Russian ruble.

Out of 49 RTSI constituents 29 were pulling the Index down (down 54.51 points overall), whereas 15 securities had a positive impact (plus 7.04 points in total). The price for seven securities remained unchanged.

The negative effect leaders were ordinary shares of Gazprom (down 13.93 points), JSC  "LUKOIL" (down 8.97 points) and Sberbank (down 7.54 points).

The positive impact was mainly related to the growing prices for ordinary shares of JSC "Polymetal" (plus 2.99 points).

Over 48.76% of the RTSI total capitalization was concentrated in the oil and gas sector. The other large-weight sectors were finance (19.64%) and metallurgy (16.27%).

On the sector level the major negative contributors were the oil and gas (down 31.01 points) and finance sectors (down 10.13 points).RTSI Futures Contracts

For the week of June 13-17, 2011 the trading volume in the RTSI derivatives amounted to 734.20 billion rubles or 6.94 million contracts. The turnover of futures contracts on the RTS Index made up 67.36% of the total FORTS turnover (Futures and Options on RTS) in cash terms.

With the RTSI losing 2.46%, September contracts shed 3.12%.

June futures contracts on the RTSI were settled last week. Settlement price for the contracts was established on 15 June u equaled 194.704 points.

During the reviewed period RTSI linked futures were trading below the spot. By the end of the week September contracts were 30.25 points in backwardation.

For the week investor's open interest measured in contracts increased by 46.61%.The RTS Standard Index

For the week of June 13-17, 2011 the RTS Standard Index experienced negative movement of prices.

The RTS Standard Index went down by 2.36% to 11,177.75 points (11,448.29 points as of June 3, 2011). At the end of the week the RTS Standard Index was 1.96% higher than a month ago (10,962.53 points as of May 17, 2011) and 19.92% higher than a year ago (9,321.07 points as of June 17, 2010).

Out of 15 constituents 10 had a negative impact on the RTS Standard Index (down 286.16 points overall). Five securities moved positively (plus 15.62 points).

The most negative impact was mainly due to the falling prices for ordinary shares of Gazprom (down 88.67 points), JSC  "LUKOIL" (down 53.84 points) and Sberbank (down 42.26 points).

The positive impact was mainly due to the growing prices for ordinary shares of "Surgutneftegas" OJSC (plus 8.77 points).

Out of the blue chips the top fallers were ordinary shares of OJSC Uralkali that lost 6.25% followed by

Gazprom and JSC  Severstal that went down by 3.95% and 3.53% respectively.

The oil & gas sector accounted for 53.20% of the RTS Standard Index' total capitalization. The other large-weight sectors were finance (24.22%) and metallurgy (13.51%).

For the week of June 13-17, 2011 the second tier stocks market demonstrated positive dynamics.

Over the reviewed period the RTS-2 Index added 2.27% to reach 2,252.78 points (2,202.88 points as of June 10, 2011). At the end of the week the RTS- 2 Index was 3.16% higher than a month ago (2,183.83 points as of May 17, 2011), and 34.87% higher than a year ago (1,670.37 points as of June 17, 2010).

18 constituents out of 60 stocks on the basis of which the RTS-2 Index is calculated had a positive impact on the RTS-2 Index (plus 60.37 points overall), whereas 16 instruments were offsetting this effect (down 10.46 points). The price for 26 securities remained unchanged.

Most of the positive effect was related to the growing prices for ordinary shares of JSC "Polymetal" (plus 26.49 points), OJSC "Magnit" (plus 10.51 points) and JSC "INTER RAO UES" (plus 5.70 points).

The negative impact was mainly due to the falling prices for ordinary shares of JSC  Raspadskaya (down 2.09 points) and JSC "Pharmstandard" (down 1.56 points).

In terms of weight in the RTS-2 Index, the power sector was the largest (38.53%), followed by the metallurgy sector (18.36%) and the oil and gas sector (11.82%).

Second-tier stocks

Most of the RTS-2 Index growth was due to the positive contributions by the securities of the following sectors: metallurgy (plus 38.53 points) followed by power (plus 15.61 points) and consumer (plus 10.36 points).RTS Siberia Index

For the week of June 13-17, 2011 stocks constituting the RTS Siberia Index showed a negative movement.

The RTS Siberia Index went down by 0.98% to close at 902.36 points (911.27 points as of June 10, 2011). At the end of the week the RTS Siberia Index was 2.53% lower than a month ago (925.75 points as of May 17, 2011) and 14.72% higher than a year ago (786.57 points as of June 17, 2010).

Out of the 10 component stocks six had a negative impact on the Index's dynamics (down 9.47 points). One security moved positively (plus 1.00 points). The price for three securities remained unchanged.

The most negative impact on RTS Siberia Index was coming from the price decline of ordinary shares of JSC "RusHydro" (down 3.90 points), JSC "WGC-3" (down 2.17 points) and OJSC "MMC "NORILSK NICKEL (down 1.51 points).

The positive effect had ordinary shares of JSC Gazprom Neft (plus 1.00 points).

The power sector accounted for 46.36% of the RTS Siberia Index' total capitalization. The other large-weight sectors were metallurgy (38.34%) and oil & gas (15.30%).The RTS family of indices

The RTS Index went down by 2.47% to reach 1,878.55 points (1,926.02 points as of June 10, 2011.The RTS Standard Index, the blue chips index, lost 2.36% to reach 11,177.75 points (11,448.29 points as of June 10, 2011). The "second-tier" stock index - RTS-2 experienced an increase of 2.27% closing at 2,252.78 points (2,202.88 points as of June 10, 2011).

The Russian Volatility Index RTSVX remained unchanged (24.85 points as of June 10, 2011).

Last week most of the key economy sectors represented on the Russian stock market demonstrated

multidirectional movements. The largest downturn was reported by the oil and gas sector, with the RTS Oil

& Gas Index decreasing by 3.06%. The largest growth was shown by the consumer and power sectors, with

the RTS Consumer & Retail Index and RTS Electric Utilities Index going up by 1.19% and 0.31%

respectively.

The regional index, RTS Siberia Index, lost 0.98%.

The US dollar appreciated by 1.76% against the ruble to reach 28.19 rubles per US dollar (27.70 rubles as of June 10, 2011).