OREANDA-NEWS. Over the week of July 1-5, 2013 the Moscow Exchange MICEX Index reflected the positive trend on the Russian stock market. The MICEX Index was up 0.92% to 1,342.72 (1,330.46 as of June 28, 2013) and the dollar-denominated RTS Index fell by 0.54% to 1,268.59 (1,275.44 as of June 28, 2013).

The US dollar appreciated by 0.86% against the ruble last week.

The stock market volatility decreased last week with the Russian Volatility Index falling by 10.25% to 26.18 (29.17 as of June 28, 2013).

Last week most of the key economic sectors represented on the Russian stock market behaved positively. The largest upturn was reported by the industrials with the relevant sector index rising by 7.29%. A significant increase was also shown by the telecommunication and the electric utilities with the relevant sector indices being up 4.31% and 1.83% respectively. The downturn was reported by the chemicals (-1.13%).

The MICEX Innovation Index added 0.75% to 441.30 (438.00 as of June 28, 2013).

The Blue-Chip Index increased by 0.73% to 9,058.88 (8,993.00 as of June 28, 2013).

The Second-Tier Index grew by 1.19% to 3,006.55 (2,971.11 as of June 28, 2013). The Broad Market Index gained 0.90% to 950.20 (941.75 as of June 28, 2013).

Over the week of July 1-5, 2013 the Moscow Exchange MICEX Index reflected the positive trend on the Russian stock market. The MICEX Index was up 0.92% to 1,342.72 (1,330.46 as of June 28, 2013) and the dollar- denominated RTS Index fell by 0.54% to 1,268.59 (1,275.44 as of June 28, 2013).

At the end of the week the MICEX Index was 1.20% higher than a month ago (1,326.78 as of June 5, 2013) and 6.48% lower than a year ago (1,435.76 as of July 5, 2012). The RTS Index was 2.50% lower than a month ago (1,301.08 as of June 5, 2013) and 8.61% lower than a year ago (1,388.07 as of July 5, 2012).

Last week's decrease of the RTS Index was accompanied by the decrease of volatility levels, when the Russian Volatility Index RTSVX was down 10.25%.

The most positive impact on the MICEX Index was mainly due to the rising prices for ordinary shares of OJSC "GAZPROM" (+0.56%), OJSC "Rostelecom" (+0.33%) and OAO "LUKOIL" (+0.19%).

Trading volume of securities included into the Moscow Exchange Indices' list of constituents amounted to RUB 105.17 billion, and the market capitalization of the Indices' constituents amounted to RUB 18,577.23 billion.

At the end of the week, 36 constituents of the MICEX Index list were pushing the Index up (+1.75%), while 13 securities behaved negatively (-0.83%). The price of one constituent stock remained unchanged

On the sector level, the major positive impact was made by the oil and gas (+0.92%) and the telecommunication (+0.29%).

The oil & gas sector accounted for 49.48% of the MICEX Index total capitalization. The other large-weight sectors were the finance (20.40%) and the consumer goods and retail (7.02%).

For the week of July 1 -5, 2013 the Blue Chip Index showed a positive trend.

The Blue Chip Index was up 0.73% to 9,058.88 (8,993.00 as of June 28, 2013). At the end of the week the Blue Chip Index was 0.64% higher than a month ago (9,001.53 as of June 5, 2013) and 8.36% lower than a year ago (9,885.17 as of July 5, 2012).

At the end of the week, 10 out of 17 securities included into Index list were pushing the Blue Chip Index up (+1.60%), while 7 shares behaved negatively (-0.87%).

The most positive impact on the Blue Chip Index was mainly due to the rising prices for ordinary shares of OJSC "GAZPROM" (+0.64%) and OJSC "Rostelecom" (+0.38%).

The most negative impact was due to the falling prices for ordinary shares of OJSC "Magnit" (-0.48%) and "OJSC "MMC "NORILSK NICKEL" (-0.14%).

The oil & gas sector accounted for 54.54% of the Blue Chip Index total capitalization. The other large-weight sectors were the finance (20.75%) and the telecommunication (7.53%).

For the week of July 1 - 5, 2013 The Second-Tier Index grew by 1.19% to 3,006.55 (2,971.11 as of June 28, 2013). The Broad Market Index gained 0.90% to 950.20 (941.75 as of June 28, 2013).

At the end of the week the Second-Tier Index was 0.29% higher than a month ago (2,997.88 as of June 5, 2013) and 7.85% lower than a year ago (3,262.73 as of July 5, 2012).

The Broad Market Index was 1.04% higher than a month ago (940.39 as June 5, 2012) and 6.53% lower than a year ago (1,016.59 as of July 5, 2012).

At the end of the week, 29 securities included into the Second-Tier Index constituent list were pushing the Index up (+2.04%), while 18 securities behaved negatively (-0.85%). The price of three constituent stocks remained unchanged.

The most positive impact on the Second-Tier Index was due to the rising prices of OJSC KAMAZ (+0.59%) and JSC "AVTOVAZ" (+0.20%).

The most positive impact on the Broad Market Index was mainly due to the rising prices for ordinary shares of OJSC "GAZPROM" (+0.56%) and OJSC "Rostelecom" (+0.31%).

The most positive impact on the Second-Tier Index was mainly due to the rising prices for securities of the industrials (+0.93%) and the consumer goods and retail (+0.20%).

The electric utilities sector accounted for 37.47% of the Second-Tier Index total capitalization. The other large-weight sectors were the consumer goods & retail (18.74%) and the industrials (11.33%).

The Russian Government Bond Index (RGBI, total return) was up 0.26% to 133.82 last week (133.47 points as of June 28, 2013). The yield to maturity of the securities being the part of the calculation formula was down 2 basis points to 7.28%.

The Municipal Bond Index (MICEX MBI TR, total return) showed the positive trend and reached 173.36 basis points (173.11 as of June 28, 2013).

The total return value of the MICEX Corporate Bond Index (MICEX CBI TR) was up 0.01% to 233.62 points.

The conservative investment strategy tracking the last week's pension index could have resulted in a gain of 0.14% per week. The aggressive investment strategy based on the pension index could have brought a profit of 1.28% per week.

The bond overnight repo rate was down 16 basis points (from 6.16% to 6.00%). The equity overnight repo rate was down 34 basis points and equaled 5.98%.

For the week of July 1 - 5, 2013 the total trading volume in index futures and options on the Moscow Exchange Derivatives Market equaled RUB 461.62 billion or 5.49 million contracts.

Last week's trading volume for the most liquid contract on FORTS, futures contract on the RTS Index, amounted to RUB 397.64 billion or 4.75 million contracts.

The RTS Index futures contract traded in backwardation last week. By the end of the week the RTS Index lost 0.54%, while the September futures contracts up 0.02% but the December futures contracts down 0.06%.

The total investor's open interest measured in RTS Index futures increased by 2.31%.

During the week the trading volume in futures contract on the MICEX Index was RUB 5.55 billion or 41.22 thousand contracts. Open interest in the MICEX Index futures increased by 44.29%.

Trading volume in options on RTS Index futures totaled RUB 58.24 billion or 692.47 thousand contracts last week. Open interest of RUB 93.35 billion or 1.07 billion contracts was fixed. Put options made up 35.50% of the total open interest for these contracts. The 140.000 strike calls and 120.000 strike puts had the highest open interest.

The total investors' open interest measured in options on the RTS index futures increased by 9.51%.