OREANDA-NEWS. August 9, 2011. In July 2011 the Russian stock market demonstrated positive dynamics.

For the last month the RTS Index went up by 3.06% to 1 965.02 points (1 906.71 points on 30 June 2011). Besides, by the end of July RTSI was 32.80% higher compared to its closing level one year ago (1 479.73 points on 30 July 2010). The U.S. Dollar went up by 1.73% against the Ruble in July.

Growth of the stock market in July was accompanied by a volatility increase, Russian volatility index RTSVX went up by 1.14%.

In July 2011 38 stocks, out of RTSI's total 49 constituents, had positive impact on the Index's dynamics (plus 64.85 index points), 11 securities moved negatively (minus 7.87 points).

The most positive impact was coming from the price increase of ordinary shares of JSC "LUKOIL" (plus 12.95 points), JSC "Novatek" (plus 8.60 points) and JSC "Sberbank Rossii" (plus 7.12 points).

The most negative impact was coming from the decreasing prices of ordinary shares JSC "Gazprom" (minus 4.10 points).

48.8% of the RTSI total capitalization concentrated in the Oil & Gas Sector. The other large- weight sectors were Finance (20.0%) and Metallurgy (15.7%).

In July the major positive contributors were the securities of Oil & Gas Sector (plus 25.51 points), Finance (plus 8.67 points) and Metallurgy (plus 7.74 points).

RTSI Futures Contract

Trading in RTSI-linked derivatives amounted to RUR 3 235.21 billion or 29.97 million contracts in July 2011. Futures based on RTSI remained the most liquid derivative contracts making up 65.43% of the total FORTS (Futures and Options on the RTS) turnover in cash terms.

For the last month the RTS Index went up by 3.06%, besides the September contracts (RTS-09.11) went up by 4.10%, and the December contracts (RTS-12.11) by 3.86%.

In the passed month all the RTSI-based futures traded below the spot level, besides the September futures closed below the main indicator of a stock market, the RTS Index, by 9.22 points, and the December futures by 11.07 points.

The volume of opened positions went up by 1.11% against the end of June.

The RTS Standard Index

In July 2011 the RTS Standard Index demonstrated positive dynamics.

The RTS Standard Index went up by 1.61% to 11 544.06 points (11 361.49 points on 30 June 2011). By the end of the month the RTS Standard Index was 19.65% higher compared to its closing level one year ago (9 648.34 points on 30 July 2010).

In July 2011 12 stocks, out of the RTS Standard Index total 15 constituents, had positive impact on its dynamics (plus 244.65 index points), 3 securities moved negatively (minus 63.46 points).

Most of the positive impact was related to the price growth of ordinary shares of JSC "LUKOIL" (plus 83.02 points), JSC "Uralkali" (plus 39.47 points) and JSC "Sberbank Rossii" (plus 39.02 points).

The most negative impact was coming from the price decline of ordinary shares JSC "Gazprom" (minus 46.34 points).

Among the blue chips that demonstrated the major growing in prices were preferred shares of JSC "Sberbank Rossii", the price increase of its shares was 10.01%, JSC "Transneft" - 8.90% and ordinary shares of JSC "Uralkali" - 7.88%.

The largest decreasing was demonstrated by the price decline of ordinary shares of JSC "VTB Bank", its shares went down by 2.97%.

52.68% of the RTS Standard Index total capitalization concentrated in the Oil & Gas Sector. The other large-weight sectors were Finance (24.78%) and Metallurgy (13.02%).

Ticker

Stock

Weight in the RTS Standard Index, %

Weight in the RTS Index, %

GAZPS

Gazprom, ordinary

18,40%

14,30%

SBERS

Sberbank, ordinary

18,25%

14,19%

SBERPS

Sberbank, preferred

1,72%

1,34%

LKOHS

LUKOIL, ordinary

17,33%

13,47%

GMKNS

NORILSK NICKEL, ordinary

10,89%

8,46%

ROSNS

Rosneft, ordinary

8,27%

6,43%

SNGSS

Surgutneftegas, ordinary

5,49%

4,27%

SNGSPS

Surgutneftegas, preferred

1,69%

1,32%

VTBRS

VTB Bank, ordinary

4,81 %

3,75%

URKAS

Uralkali, ordinary

4,68%

3,64%

HYDRS

RusHydro, ordinary

2,65%

2,06%

FEESS

FGS UES, ordinary

2,19%

1,71 %

CHMFS

Severstal, ordinary

2,13%

1,66%

TRNFPS

Transneft, preferred

1,51%

1,17%

Total

 

100,00%

77,75%

Second-tier Stocks

In July 2011 the second-tier shares demonstrated positive dynamics.

The RTS-2 Index for the past month went up by 3.61% to 2 285.87 (2 206.14 on 30 June 2011). As of the end of July RTS-2 was 32.90% higher compared to its closing level one year ago (1 720.02 points on 30 July 2010).

Out of 58 constituent stocks on the RTS-2 Index, 29 had positive impact on its dynamics (plus 103.55 index points), 17 had negative impact (minus 22.81 points). The price of 12 stocks remained unchanged.

Most of the positive impact on the RTS-2 Index was coming from growing prices of preferred shares of JSC "Bashneft" (plus 14.08 points), ordinary shares of JSC "OGK-4" (plus 11.65 points) and JSC "Polymetal" (plus 7.07 points).

Most of the negative impact on the RTS-2 Index was coming from the falling prices of the ordinary shares of JSC "IDGC Holding" (minus 6.14 points) and JSC "Novorosiysk Commercial Sea Port" (minus 3.51 points).

In terms of weight in RTS-2 Index, the largest were the following Sectors: the Power Sector (38.00 %), the Metallurgy (18.22%) and the Oil&Gas Sector (12.64%).

The largest contribution to the growing RTS-2 in July made securities of the Power Sector (overall plus 28.79 points), and the Oil&Gas Sector (overall plus 18.78 points).

The RTS Siberia Index

In July 2011 the Siberian stock market showed positive dynamics.

For the last month the RTS Siberia Index went up by 3.21% to 926.96 points (898.16 points on 30 June 2011). Besides, by the end of July RTS Siberia Index was 14.83% higher compared to its closing level one year ago (807.26 points on 30 July 2010).

In July 2011 6 stocks, out of RTS Siberia Index's total 9 constituents, had positive impact on the Index's dynamics (plus 30.74 index points), 2 securities had negative impact (minus 1.94 points), The price of 1

stock remained unchanged.

Most of the positive impact was coming from the growing prices of the ordinary shares of JSC "Irkutskenergo" (plus 11.58 points), JSC "Yuzhny Kuzbass" (plus 7.67 points) and JSC "Gazprom Neft" (plus 4.92 points).

Most of the negative impact was coming from the falling prices of ordinary shares of JSC "OGK-3" (minus 1.78 points).

45.21% of the RTS Siberia Index total capitalization concentrated in the Power Sector. The other large-weight sectors were the Metallurgy (39.60%) and the Oil & Gas Sector (15.19%).

The RTS Family of Indices

 

Last

Change over (Period), %

Max

Min

Index

Value

Month

Quarter

Year

Value

Date

Value

Date

RTS Index

1 965,02

3,06%

-3,05%

32,80%

1 987,79

26.07.2011

1 904,29

18.07.2011

RTS Standard Index

11 544,06

1,61%

-2,94%

19,65%

11 791,45

07.07.2011

11 412,82

18.07.2011

RTS-2 Index

2 285,87

3,61%

-1,35%

32,90%

2 286,23

26.07.2011

2 214,01

01.07.2011

RTS Metals & Mining Index

366,83

2,68%

-2,26%

44,60%

367,83

28.07.2011

354,16

18.07.2011

RTS Oil & Gas Index

228,21

3,13%

-5,48%

27,27%

232,42

26.07.2011

219,59

18.07.2011

RTS Consumer & Retail Index

453,53

7,92%

2,95%

44,25%

453,53

29.07.2011

419,11

04.07.2011

RTS Industrial Index

211,62

1,80%

-9,23%

52,20%

217,02

07.07.2011

207,88

01.07.2011

RTS Finances Index

442,16

1,30%

-5,79%

24,63%

448,67

04.07.2011

433,90

12.07.2011

RTS Electric Utilities Index

254,57

3,15%

-2,32%

4,02%

260,16

07.07.2011

247,77

18.07.2011

RTS Siberia Index

926,96

3,21%

-3,54%

14,83%

926,96

29.07.2011

901,61

01.07.2011

Russian volatility Index

23,02

1,14%

-5,14%

-25,44%

24,95

25.07.2011

20,75

07.07.2011

For the last month the RTS Index went up by 3.06% compared to the end of June 2011, it's closing level on 29 July reached 1 965.02 points (1 906.71 points on 30 June 2011). For the last month The RTS Standard Index (the Index of "Blue chips") went up by 1.61% to 11 544.06 points (11 361.49 points on 30 June 2011).

Growth of the stock market in July was accompanied by a volatility increase, Russian volatility index RTSVX went up by 1.14% to 23.02 points (22.76 points on 30 June 2011).

The majority of key-sectors represented on the Russian stock market demonstrated positive trend in July. The leader of growth was the Consumer Goods & Trading Sector - The RTS Consumer & Retail Index went up by 7.92%. A considerable growth was demonstrated by the Power Sector and Oil & Gas Sector - the Electric Utilities Index gained 3.15% and the RTS Oil & Gas Index went up by 3.13%.

The RTS Siberia Index went up by 3.21%.

In July the U.S. Dollar went down by 1.73% against the Russian Ruble - to RUR 27.59 USD  (28.08 on 30 June 2011).

 

 

MC of constituent companies, USD mln

Combined MC, free-float

Share

Index

Number of constituents

Total

Average

Max M

in

adjusted, USD mln

of total

MC, %

RTS Index

49

914 644

18 666

170 453

796

210 871

83,28%

RTS Standard Index

14

598 875

42 777

171 073 2 482

164 535

54,53%

RTS-2 Index

58

116 692

2 012

9 657

106

25 579

10,62%

RTS Oil & Gas Index

14

502 346

35 882

170 453

444

88 085

45,74%

RTS Consumer & Retail Index

10

22 551

2 255

12 812

299

2 909

2,05%

RTS Metals & Mining Index

12

152 234

12 686

50 994

236

21 431

13,86%

RTS Industrial Index

7

6 444

921

2 526

106

756

0,59%

RTS Electric Utilities Index

14

69 146

4 939

17 131

872

14 799

6,30%

RTS Finances Index

9

124 528

13 836

79 368

535

3 848

11,34%

RTS Siberia Index

9

102 580

11 398

51 179

307

2 934

9,34%