OREANDA-NEWS. February 7, 2012. For the week of January 23-27, 2012 the MICEX Index rose 1.13% to 1,508.04 points from 1,491.15 points as of January 20, 2012.

The RTS Index calculated based on prices in US dollar added 4.64% to reach 1,565.82 points (1,496.41 points as of January 20, 2012). The US dollar depreciated by 3.55% against the ruble.

The stock market volatility fell last week, with the Russian Volatility Index declining 5.55% to 32.82 points (34.75 points as of January 20, 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 banks & finance sector, with the relevant sector indexes gaining 5.18% each. A significant increase was also shown by the metals & mining and engineering sectors, with the MICEX M&M\RTSmm Index and MICEX MNF\RTSin Index being up 2.62% and 2.13% respectively. A decline was reported only by the chemical manufacturing and oil & gas sectors, with the MICEX CHM Index and MICEX O&G\RTSog Index shedding 0.55% and 0.44% respectively. The MICEX Innovation Index lost 0.47%.

Mid cap companies were most affected by the last week's market growth, with the MICEX Mid Cap Index surging 2.63%. The MICEX Small Cap Index and MICEX Large Cap Index were up 1.86% and 0.87% respectively.

Index

Last

Return over the period, %

Value

Week

Month

Quarter

Year

Composite Indices

MICEX Index

1,508.04

1.13%

8.79%

-1.15%

-13.90%

RTS Index

1,565.82

4.64%

11.96%

-1.70%

-18.08%

RTS Standard Index

10,331.90

1.17%

8.70%

-0.53%

-14.27%

Sectoral Indices (in RUB)*

Oil & Gas

3,166.64

-0.44%

8.04%

5.00%

0.98%

Electric Utilities

2,205.41

1.37%

7.06%

-3.71%

-36.56%

Consumer & Retail

4,315.87

1.40%

11.04%

-4.74%

-29.63%

Telecommunication

2,216.17

1.63%

7.81%

2.96%

-11.50%

Industrials

1,843.74

2.13%

6.97%

-4.08%

-37.49%

Financials

5,486.34

5.18%

15.89%

2.76%

-26.31%

Chemicals

7,201.74

-0.55%

3.04%

2.15%

5.10%

Metals & Mining

3,609.92

2.62%

17.98%

-8.34%

-38.40%

Cap Indices

Large Cap

2,423.26

0.87%

7.80%

-2.57%

-14.42%

Mid Cap

2,516.02

2.63%

12.08%

1.32%

-22.02%

Small Cap

3,675.14

1.86%

6.69%

-7.07%

-38.69%

Thematic indices

Russian Volatility Index

32.82

-5.55%

-14.73%

-25.90%

33.08%

RTS Siberia Index

740.05

3.15%

7.74%

5.08%

-27.17%

MICEX Innovation

 

 

 

 

 

Index

763.63

-0.47%

2.38%

-9.15%

-33.17%

Currency (CBR)

USD/RUB

30.36

-3.55%

-2.78%

-0.70%

1.96%

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

 

For the week of January 23-27, 2012 the Russian stock market showed an upturn of prices.

The MICEX Index added 1.13% to reach 1,508.04 points from 1,491.15 points as of January 20, 2012. At the end of the week the MICEX Index was 8.79% higher than a month ago (1,386.14 points as of December 27, 2011) and 13.90% lower than a year ago (1,751.54 points as of January 27, 2011).

Trading volume of securities included into the MICEX Index constituents list and traded on the Main market equaled RUB272.73 billion. By the end of the week the market capitalization of the Index component stocks amounted to RUB20,500.26 billion.

Out of 30 constituents of the MICEX Index 21 were pulling the Index up (plus 2.06%), whereas nine securities had a negative impact (down 0.93%).

On the sector level the major positive contributors were the banks & finance (plus 1.22%) and metals & mining sectors (plus 0.41%).

The positive effect leaders were ordinary shares of Sberbank (plus 0.90%), OJSC "MMC "NORILSK NICKEL" (plus 0.31%) and VTB Bank (plus 0.28%).

The most negative impact was mainly due to the falling prices for ordinary shares of OAO "LUKOIL" (down 0.36%).

The oil & gas sector accounted for 53.99% of the MICEX Index' total capitalization. The other large- weight sectors were finance (19.33%) and metallurgy (9.35%).

For the week of January 23-27, 2012 the RTS Index move up by 4.64% to 1,565.82 points from 1,496.41 points as of January 20, 2012. At the end of the week the RTS Index was 11.96% higher than a month ago (1,398.51 points as of December 27, 2011) and 18.08% lower than a year ago (1,911.48 points as of January 27, 2011).

Last week's growth of the RTS Index was accompanied by a decrease of volatility levels when the Russian Volatility Index RTSVX lost 5.55%.

The US dollar depreciated by 3.55% against the ruble.

Out of 50 Index constituents 36 were pulling the Index up (plus 4.67%), whereas one security had a negative impact (down 0.03%). The price for 13 securities remained unchanged.

On the sector level the major positive contributors were the banks & finance (plus 1.82%) and oil & gas sectors (plus 1.62%).

The positive effect leaders were ordinary shares of Sberbank (plus 1.33%), followed by Gazprom (plus 0.51%) and OJSC "MMC "NORILSK NICKEL" (plus 0.44%).

The negative impact was mainly related to the lowering prices for ordinary shares of OAO "Magnit" (down 0.03%).

For the week of January 23-27, 2012 the total trading volume on the derivatives market FORTS equaled RUB596.40 billion rubles representing 6.33 million contracts.

Last week's trading volume for the most liquid contract on FORTS, futures contracts on the RTS Index, amounted to RUB542.27 billion representing 5.77 million contracts.

RTS Index futures contract traded in a backwardation last week. By the end of the week the RTS Index added 4.64%, while the March and June futures contracts grew by 5.24% and 5.22% respectively.

The total investor's open interest measured in RTS Index futures increased by 7.23%.

During the week, trading volume in futures contract on the MICEX Index was RUB3.63 billion representing 24.12 thousand contracts. Open interest in the contract increased by 15.26%.

Trading volume in options on RTS Index futures totaled RUB48.32 billion representing 520.25 thousand contracts. By the end of the week, open interest of RUB64.03 billion or 704.07 thousand contracts was fixed. Call options made up 56.10% of the total open interest for these contracts. 170,000 strike calls and 140,000 strike puts had the highest open interest.

The total investor's open interest measured in options on the RTS index futures increased by 43.77%.