Shares of Three Issuers Joined Waiting List to RTS Standard Index
OREANDA-NEWS. August 25, 2011. On August 19, 2011 the Index Committee of RTS Stock Exchange decided to put ordinary shares of Tatneft, OJSC "Rostelecom" and JSC "NOVATEK" onto the list of securities waiting for inclusion into the RTS Standard Index.
As a result the existing waiting list for the securities to be added to the RTS Standard Index was updated to the following:
№ |
Code |
Issuer |
1 |
JSC "INTER RAO UES", ordinary shares | |
2 |
MTS OJSC, ordinary shares | |
3 |
JSC "NOVATEK", ordinary shares | |
4 |
OJSC "Rostelecom", ordinary shares | |
5 |
Tatneft, ordinary shares |
Securities that constitute the RTS Index, RTS Standard Index and RTS-2 Index are selected from the stocks picked by the Index Committee of RTS Stock Exchange based on their capitalization, liquidity and expert evaluation. Index rebalancing takes place every three months. The RTS Index is made up from 50 large-cap securities. The RTS Standard Index is calculated from 15 top liquid stocks of Russian issuers. The RTS-2 Index tracks small- and mid-cap stocks.
RTS Sectoral Indices measure performance of stocks representing a certain industry. The maximum issuer’s weight is capped at 25%, and the number of constituent stocks ranges from 10 to 15 stocks. Only RTS Index and RTS-2 Index component stocks can be included into an RTS Sectoral Index.
TheIndex Committee of RTS Stock Exchange consists of specialists from companies members of RTS and independent experts. The committee is in charge of introducing amendments into the methodologies for calculating the Indices.
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