OREANDA-NEWS. January 30, 2012. For the week of January 16-20, 2011 the MICEX Index rose 1.89% to 1,491.15 points from 1,463.43 points as of January 13, 2012.

The RTS Index calculated based on prices in US dollar added 3.45% to reach 1,496.41 points (1,446.46 points as of January 13, 2012). The US dollar depreciated by 0.64% against the ruble.

The stock market volatility fell last week, with the Russian Volatility Index declining 8.50% to 34.75 points (37.98 points as of January 13, 2012)

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 and consumer & retail sectors, with the relevant sector indexes gaining 4.35% each. A significant increase was also shown by the chemical manufacturing and banks & finance sectors, with the MICEX CHM Index and MICEX FNL\RTSfn Index being up 3.81% and 2.79% respectively. The MICEX Innovation Index lost 3.80%.

A slight decrease was fixed only for the telecommunication sector, with the MICEX TLC\RTStl Index shedding 0.04%.

Mid cap companies were most affected by the last week's market growth, with the MICEX Mid Cap Index surging 2.88%. The MICEX Large Cap Index and MICEX Small Cap Index were up 1.70% and 1.46% respectively.

Index

Last

Return over the period, %

Value

Week

Month

Quarter Y

'ear

Composite Indices

MICEX Index

1 491.15

1.89%

5.77%

5.10%

-14.00%

RTS Index

1 496.41

3.45%

7.21%

5.16%

-19.91%

RTS Standard Index

10 212.72

1.98%

5.67%

6.06%

-13.78%

Sectoral Indices (in RUB)*

Oil & Gas

3,180.58

2.59%

7.66%

14.92%

2.20%

Electric Utilities

2,175.55

2.47%

1.73%

-1.98%

-35.91%

Consumer & Retail

4,256.20

4.35%

6.15%

1.66%

-30.28%

Telecommunication

2,180.63

-0.04%

3.84%

7.07%

-13.11%

Industrials

1,805.26

0.08%

0.70%

-4.74%

-39.15%

Financials

5,216.12

2.79%

8.07%

3.66%

-26.90%

Chemicals

7,241.82

3.81%

4.43%

10.44%

7.99%

Metals & Mining

3,517.79

4.35%

10.87%

-4.48%

-40.75%

Cap Indices

Large Cap

2,402.30

1.70%

4.91%

3.57%

-14.07%

Mid Cap

2,451.64

2.88%

7.44%

5.31%

-24.17%

Small Cap

3,607.98

1.46%

1.62%

-5.78%

-39.64%

Thematic indices

Russian Volatility Index

34.75

-8.50%

-20.95%

-34.46%

39.74%

RTS Siberia Index

717.44

2.23%

2.58%

4.51%

-29.98%

MICEX Innovation

 

 

 

 

 

Index

767.21

-3.80%

1.32%

-7.42%

-32.60%

Currency (CBR)

USD/RUB

31.48

-0.64%

-1.73%

1.78%

5.54%

* Sectoral indices based on prices in US dollars are also available

 

For the week of January 16-20, 2012 the Russian stock market showed an upturn of prices.

The MICEX Index added 1.89% to reach 1,491.15 points from 1,463.43 points as of January 13, 2012. At the end of the week the MICEX Index was 5.77% higher than a month ago (1,409.84 points as of December 20, 2011) and 14.00% lower than a year ago (1,733.89 points as of January 20, 2011).

Trading volume of securities included into the MICEX Index constituents list and traded on the Main market equaled RUB211.63 billion. By the end of the week the market capitalization of the Index component stocks amounted to RUB20,257.43 billion.

Out of 30 constituents of the MICEX Index 26 were pulling the Index up (plus 2.11%), whereas four securities had a negative impact (down 0.22%). The positive effect leaders were ordinary shares of OAO "LUKOIL" (plus 0.41%), Gazprom (0.39%) and Sberbank (plus 0.25%).

The most negative impact was mainly due to the falling prices for ordinary shares of Rostelecom (down 0.13%).

The oil & gas sector accounted for 56.08% of the MICEX Index' total capitalization. The other large- weight sectors were finance (17.17%) and metallurgy (9.08%).

On the sector level the major positive contributors were the oil & gas (plus 1.36%) and banks & finance sectors (plus 0.30%).

For the week of January 16-20, 2012 the RTS Index move up by 3.45% to 1,496.41 points from 1,446.46 points as of January 13, 2012. At the end of the week the RTS Index was 7.21% higher than a month ago (1,395.79 points as of December 20, 2011) and 19.91% lower than a year ago (1,868.46 points as of January 20, 2011).

Last week's growth of the RTS Index was accompanied by a decrease of volatility levels when the Russian Volatility Index RTSVX lost 0.8.50%.

The US dollar depreciated by 0.64% against the ruble.

Out of 50 Index constituents 29 were pulling the Index up (plus 3.55%), whereas four securities had a negative impact (down 0.10%). The price for 17 securities remained unchanged.

The positive effect leaders were ordinary shares of OAO "LUKOIL" (plus 0.72%), followed by Gazprom (plus 0.66%) and Sberbank (plus 0.43%).

The negative impact was mainly related to the lowering prices for ordinary shares of Rostelecom (down 0.07%).

On the sector level the major positive contributors were the oil & gas (plus 2.32%) and banks & finance sectors (plus 0.54%).

For the week of January 16-20, 2011 the total trading volume on the derivatives market FORTS equaled RUB556.77 billion rubles representing 5.98 million contracts.

Last week's trading volume for the most liquid contract on FORTS, futures contracts on the RTS Index, amounted to RUB510.42 billion representing 5.49 million contracts.

RTS Index futures contract traded in a backwardation last week. By the end of the week the RTS Index added 3.45%, while the March and June futures contracts grew by 3.69% and 3.60% respectively.

The total investor's open interest measured in RTS Index futures increased by 8.82%.

During the week, trading volume in futures contract on the MICEX Index was RUB2.97 billion representing 19.93 thousand contracts. Open interest in the contract increased by 14.27%.

Trading volume in options on RTS Index futures totaled RUB41.93 billion representing 451.29 thousand contracts. By the end of the week, open interest of RUB45.64 billion or 489.73 thousand contracts was fixed. Call options made up 60.67% 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 decreased by 17.05%.