OREANDA-NEWS. January 23, 2012. For the week of January 9-13, 2011 the MICEX Index rose 1.58% to 1,463.43 points from 1,440.60 points as of January 6, 2011.

The RTS Index calculated based on prices in US dollar added 1.60% to reach 1,446.46 points (1,423.70 points as of January 6, 2012). The US dollar depreciated by 1.60% against the ruble.

The stock market volatility rose last week, with the Russian Volatility Index increasing by 0.24% to 37.98 points (37.89 points as of January 6, 2011)

Last week most of the key economy sectors represented on the Russian stock market demonstrated a positive trend. The largest growth was reported by the metals & mining sector, with the relevant sector index gaining 5.19%. A significant increase was also shown by the banks & finance and engineering sectors, with the MICEX MICEX FNL\RTSfn Index and MICEX MNF\RTSin Index going up by 3.68% and 3.39% respectively. The MICEX Innovation Index added 2.89%. A decline was reported by the electric power and chemical manufacturing sectors, with the MICEX PWR (RTSeu) Index and MICEX CHM Index losing 1.49% and 0.14% respectively. Large cap companies were most affected by the last week's market growth, with the MICEX Large Cap Index surging 1.41%. The MICEX Mid Cap Index was up 0.69%, while the MICEX Small Cap Index lost 0.02%.

Index

Last

Return over the period, %

Value

Week

Month

Quarter

Year

Composite Indices

MICEX Index

1,463.43

1.58%

6.16%

5.38%

-16.36%

RTS Index

1,446.46

1.60%

4.28%

3.60%

-22.98%

RTS Standard Index

10,014.77

1.67%

5.98%

5.99%

-16.05%

Sectoral Indices (in RUB)*

Oil & Gas

3,100.29

1.33%

6.89%

13.24%

-0.70%

Electric Utilities

2,123.14

-1.49%

1.15%

-1.52%

-38.47%

Consumer & Retail

4,078.91

1.78%

0.12%

2.14%

-33.28%

Telecommunication

2,181.59

2.15%

4.39%

7.07%

-13.71%

Industrials

1,803.82

3.39%

1.11%

4.57%

-39.32%

Financials

5,074.39

3.68%

4.73%

2.65%

-29.93%

Chemicals

6,976.35

-0.14%

2.14%

7.13%

9.16%

Metals & Mining

3,371.10

5.19%

4.30%

-7.99%

-44.38%

Cap Indices

Large Cap

2,362.24

1.41%

5.69%

3.70%

-16.04%

Mid Cap

2,383.00

0.69%

5.12%

5.54%

-27.65%

Small Cap

3,556.08

-0.02%

-1.52%

-5.21%

-40.62%

Thematic indices

Russian Volatility Index

37.98

0.24%

-27.63%

-27.30%

65.17%

RTS Siberia Index

701.76

4.31%

1.27%

3.62%

-31.72%

MICEX Innovation

 

 

 

 

 

Index

797.49

2.89%

5.44%

-0.38%

-27.30%

Currency (CBR)

USD/RUB

31.68

-1.60%

0.85%

0.85%

4.22%

For the week of January 9-13, 2011 the Russian stock market showed an upturn of prices.

The MICEX Index added 1.58% to reach 1,463.43 points from 1,440.60 points as of January 6, 2012. At the end of the week the MICEX Index was 6.16% higher than a month ago (1,378.56 points as of December 13, 2011) and 16.36% lower than a year ago (1,749.75 points as of January 13, 2011).

Trading volume of securities included into the MICEX Index constituents list and traded on the Main market equaled RUB219.51 billion. By the end of the week the market capitalization of the Index component stocks amounted to RUB19.820.36 billion.

Out of 30 constituents of the MICEX Index 20 were pulling the Index up (plus 2.00%), whereas 10 securities had a negative impact (down 0.42%).

The positive effect leaders were ordinary shares of "OJSC "MMC "NORILSK NICKEL" (plus 0.46%), Gazprom (plus 0.23%) and JSC VTB Bank (plus 0.22%).

The most negative impact was mainly due to the falling prices for ordinary shares of Uralkali (down 0.16%).

The oil & gas sector accounted for 55.78% of the MICEX Index' total capitalization. The other large- weight sectors were finance (17.19%) and metallurgy (8.98%).

On the sector level the major positive contributors were the oil & gas (plus 0.73%) and metals & mining sectors (plus 0.62%).

For the week of January 9-13, 2011 the RTS Index moved up by 1.60% to 1,446.46 points from 1,423.70 points as of January 6, 2011. At the end of the week the RTS Index was 4.28% higher than a month ago (1,387.13 points as of December 13, 2011) and 22.98% lower than a year ago (1,878.14 points as of January 13, 2011).

Last week's growth of the RTS Index was accompanied by an increase of volatility levels when the Russian Volatility Index RTSVX added 0.24%.

The US dollar depreciated by 1.60% against the ruble.

Out of 50 Index constituents 26 were pulling the Index up (plus 1.91%), whereas eight securities had a negative impact (down 0.31%). The price for 16 securities remained unchanged.

The positive effect leaders were ordinary shares of "OJSC "MMC "NORILSK NICKEL" (plus 0.40%), followed by Gazprom (plus 0.27%) and JSC VTB Bank (plus 0.19%).

The negative impact was mainly related to the lowering prices for ordinary shares of Uralkali (down 0.13%).

On the sector level the major positive contributors were the oil & gas (plus 0.88%) and metals & mining sectors (plus 0.51%).

For the week of January 9-13, 2011 the total trading volume on the derivatives market FORTS equaled RUB500.98 billion rubles representing 5.45 million contracts.

Last week's trading volume for the most liquid contract on FORTS, futures contracts on the RTS Index, amounted to RUB455.07 billion representing 4.96 million contracts.

RTS Index futures contract traded in a backwardation last week. By the end of the week the RTS Index added 1.60%, while the March and June futures contracts grew by 1.50% and 1.26% respectively.

The total investor's open interest measured in RTS Index futures increased by 7.04%.

During the week, trading volume in futures contract on the MICEX Index was RUB2.96 billion representing 20.14 thousand contracts. Open interest in the contract increased by 21.21%.

Trading volume in options on RTS Index futures totaled RUB41.51 billion representing 452.66 thousand contracts. By the end of the week, open interest of RUB54.37 billion in value or 590.39 thousand contracts was fixed. Call options made up 64.82% of the total open interest for these contracts. 170,000 strike calls and 135,000 strike puts had the highest open interest.

The total investor's open interest measured in options on the RTS index futures increased by 29.82%.