OREANDA-NEWS. March 13, 2012. For the week of February 20-24, 2012 the MICEX Index rose 1.66% to 1,594.55 points from 1,568.54 points as of February 17, 2012.

The RTS Index calculated based on prices in US dollar added 3.95% to reach 1,722.05 points (1,656.60 points as of February 17, 2012). The US dollar depreciated by 1.46% against the ruble.

The stock market volatility fell last week, with the Russian Volatility Index declining 4.89% to 29.38 points (30.89 points as of February 17, 2012).

Last week all key economy sectors represented on the Russian stock market demonstrated a positive trend. The largest growth was reported by the consumer & retail sector, with the relevant sector index gaining 5.39%. A significant increase was also shown by the oil & gas and financial sectors, with the MICEX O&G\RTSog Index and MICEX FNL\RTSfn Index being up 2.33% and 1.66% respectively. Decline was only reported by the metals & mining sector with the MICEX M&M\RTSmm Index shedding 0.48%. The MICEX Innovation Index added 1.42%.

Mid cap companies were most affected by the last week's market growth, with the MICEX Mid Cap Index surging 1.85%. The MICEX Large Cap Index and MICEX Small Cap Index were up 1.78% and 1.01% respectively.

Index

Last Value

Return over the period, %

Week

Month

Quarter

Year

Composite India

s

 

 

 

 

MICEX Index

1,594.55

1.66%

7.11%

14.49%

-7.03%

RTS Index

1,722.05

3.95%

13.67%

22.76%

-9.42%

RTS Standard Index

10,925.96

1.59%

7.11%

15.18%

-6.92%

Sectoral Indices (in RUB)*

Oil & Gas

3,328.14

2.33%

4.60%

14.51%

1.37%

Electric Utilities

2,388.12

0.11%

9.43%

6.54%

-22.59%

Consumer & Retail

4,882.68

5.39%

14.13%

12.55%

-15.93%

Telecommunication

2,325.87

1.52%

6.93%

9.00%

-4.82%

Industrials

2,080.27

0.10%

15.90%

17.29%

-24.68%

Financials

5,549.95

1.66%

6.14%

16.31%

-19.78%

Chemicals

7,601.16

0.79%

4.77%

4.19%

18.59%

Metals & Mining

3,637.31

-0.48%

3.51%

11.39%

-33.38%

Cap Indices

 

 

 

 

 

Large Cap

2,554.31

1.78%

6.68%

12.89%

-7.52%

Mid Cap

2,685.18

1.85%

8.71%

16.88%

-13.26%

Small Cap

4,005.14

1.01%

10.18%

7.23%

-27.90%

Thematic indices

 

 

 

 

 

 

Russian Volatility Index

29.38

-4.89%

-13.54%

-44.55%

11.53%

RTS Siberia Index

767.21

1.06%

6.47%

11.08%

-22.13%

MICEX Innovation Index

777.63

1.42%

0.87%

-1.35%

-31.43%

Currency (CBR)

 

 

 

 

 

USD/RUB

29.77

-1.46%

-4.99%

-4.63%

1.65%

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

For the week of February 20-24, 2012 the Russian stock market showed an upturn of prices.

The MICEX Index added 1.66% to reach 1,594.55 points from 1,568.54 points as of February 17, 2012. At the end of the week the MICEX Index was 7.11% higher than a month ago (1,488.70 points as of January 24, 2012) and 7.03% lower than a year ago (1,715.20 points as of February 24, 2011).

Trading volume of securities included into the MICEX Index constituents list and traded on the Main market equaled RUB176.37 billion. By the end of the week the market capitalization of the Index component stocks amounted to RUB21,515.48 billion.

Out of 30 constituents of the MICEX Index 20 were pulling the Index up (plus 1.98%), whereas ten securities had a negative impact (down 0.32%).

On the sector level the major positive contributors were the oil & gas (plus 1.09%) and banks & finance sectors (plus 0.43%).

The positive effect leaders were ordinary shares of Sberbank (plus 0.30%), Gazprom (0.30%) and Surgutneftegas (plus 0.29%).

The most negative impact was mainly due to the falling prices for preferred shares of Transneft (down 0.11%).

The oil & gas sector accounted for 53.75% of the MICEX Index' total capitalization. The other large- weight sectors were financial (19.78%) and metallurgy (8.81%).

For the week of February 20-24, 2012 the RTS Index moved up by 3.95% to 1,722.05 points from 1,656.60 points as of February 17, 2012. At the end of the week the RTS Index was 13.67% higher than a month ago (1,514.93 points as of January 24, 2012) and 9.42% lower than a year ago (1,901.14 points as of February 24, 2011).

Last week's growth of the RTS Index was accompanied by a decrease of volatility levels when the Russian Volatility Index RTSVX lost 4.89%.

The US dollar depreciated by 1.46% against the ruble.

Out of 50 Index constituents 31 were pulling the Index up (plus 4.03%), whereas three securities had a negative impact (down 0.08%). The price for 16 securities remained unchanged.

On the sector level the major positive contributors were the oil & gas (plus 2.39%) and financial sectors (plus 0.84%).

The positive effect leaders were ordinary shares of Gazprom (plus 0.68%), followed by Sberbank (plus 0.65%) and Surgutneftegas (plus 0.36%).

The negative impact was mainly related to the lowering prices for preferred shares of Transneft (down 0.06%).

For the week of February 20-24, 2012 the total trading volume on the derivatives market FORTS equaled RUB540.80 billion rubles representing 5.50 million contracts.

Last week's trading volume for the most liquid contract on FORTS, futures contracts on the RTS Index, amounted to RUB484.30 billion representing 4.92 million contracts.

RTS Index futures contract traded in backwardation last week. By the end of the week the RTS Index added 3.95%, while the March and June futures contracts grew by 4.50% and 4.55% respectively.

The total investor's open interest measured in RTS Index futures increased by 23.14%.

During the week, trading volume in futures contract on the MICEX Index on FORTS was RUB3.29 billion representing 20.95 thousand contracts. Open interest in the contract decreased by 2.36%.

Trading volume in options on RTS Index futures totaled RUB52.26 billion representing 550.97 thousand contracts. By the end of the week, open interest of RUB86.09 billion or 948.98 thousand contracts was fixed. Call options made up 43.73% of the total open interest for these contracts. 180,000 strike calls and 160,000 strike puts had the highest open interest.

Over the week, the total investor's open interest measured in options on the RTS index futures increased by 22.60%.