OREANDA-NEWS. On 8 September 2009 was announced, that in August 2009 the Russian stock market demonstrated an increase in prices for the majority of its liquid securities.

For the past month the RTS Index grew by 4.82% to 1066.53 points (1017.47 points on 31 July). As of the end of August the RTSI was 35.21% lower compared to its closing level one year ago (1646.14 points on 29 August 2008). In August the U.S. Dollar depreciated by 0.59% against the Ruble.

In August 2009 out of RTSI’s total 50 constituents 36 had the positive impact on its dynamics (plus 50.99 index points), 10 securities affected the Index negatively, and the prices of 4 securities were steady.

The most positive impact on the RTSI was coming from the prices of the common shares of JSC “SBERBANK ROSSII” (plus 11.32 points), JSC “SURGUTNEFTEGAZ” (plus 5.70 points), and JSC “NK ROSNEFT” (plus 4.59 points).

The negative influence was minimal. The negative effect leaders were the common shares of JSC “NMTP” (minus 0.91 points)

More than 50% of the RTSI total capitalization is concentrated in the Oil & Gas Sector, followed by the Financials (16.9%) and Metallurgy (11.4%)

On monthly results the securities of Oil & Gas Sector (plus 17.38 points in total), Financials (plus 12.0 points), and Metallurgy (plus 10.87 points) contributed most to the rise of RTSI.

RTSI Futures Contract

Trading in RTSI-linked derivatives amounted to RUR 832.1 bln, or 12.5 mln contracts. The futures based on RTSI remained the most liquid contracts, making up 65.99% of the total FORTS (Futures and Options on the RTS) turnover in cash terms.

In August 2009 the RTSI grew by 4.82%, while the September contracts (RTS-09.09) went up 4.12% and December contracts (RTS-12.09) rose by 4.21%.

RTSI-based futures traded around the spot price during the month. Towards the end of the month the September contracts were 17.28 points behind the main indicator. The December contracts were 16.28 points in backwardation.

The investors’ open interest in the RTSI-based futures measured in contracts increased by 13.75% compared to the end of July.

Second-tier Stocks

In August 2009 the second-tier equities showed positive dynamics.

For the past month the RTS-2 Index grew by 8.71% to 970.88 points (893.06 on 31 July). By the end of August the RTS-2 Index was 48.00% lower than its closing level one year ago (1867.0 points on 29 August 2008).

On monthly results, out of 72 constituents stocks of the RTS-2 Index, 48 affected it positively (plus 93.23 index points), 15 securities had a negative impact ( minus 15.40 points). The prices of 9 stocks remained unchanged.

Most of the positive impact on the RTS-2 Index was coming from the prices of the common shares of JSC “MAGNIT” (plus 14.81 points), JSC “OGK-4” (plus 5.05 points), and JSC “POLIMETALL” (plus 4.83 points).

The declining prices of the common shares of JSC “NMTP” (minus 6.38 points), and JSC “DVMP” (minus 2.26 points) affected the RTS-2 Index dynamics most negatively.

The following sectors had the largest weight within RTS-2: Power Industry (23.5%), Consumer Sector (17.4%), and Telecommunications (14.0%).

The most significant contribution to the growth of the RTS-2 Index in August was coming from the Telecommunications Sector (overall plus 26.77 points), Consumer Sector (plus 25.14 points), and Power Industry (plus 12.48 points).

The RTS Family of Indices

Index

Number of constituents

MC of constituent companies, USD mln

Combined MC,

free-float

adjusted, USD mln

Share of total MC, %

Total

Average

Max

min

RTS Index

50

486 472,1

9 729,4

121 445,1

274,2

91 957,1

85,5%

RTS-2 Index

72

57 414,1

797,4

4 129,0

39,5

11 873,3

10,1%

RTS Oil & Gas

12

302 990,4

25 249,2

121 445,1

180,0

50 100,5

53,2%

RTS – Consumer & Retail

11

9 092,1

826,6

4 129,0

57,0

1 289,1

1,6%

RTS – Metals & Mining

12

68 053,4

5 671,1

20 397,2

89,5

7 716,3

12,0%

RTS – Industrials

10

3 706,6

370,7

1 328,1

39,5

552,2

0,7%

RTS – Electric Utilities

15

37 658,2

2 510,5

9 689,5

406,0

6 373,9

6,6%

RTS – Telecom

12

19 509,7

1 625,8

11 461,6

67,6

1 847,6

3,4%

RTS - Financials

9

47 521,9

5 280,2

32 013,4

110,8

1 401,2

8,3%

In August all the main Economic Sectors represented on the Russian Stock Market demonstrated positive dynamics.

The growth leader was Industry: RTSI – Industry grew by 14.01%. Consumer Sector also grew considerably, with RTSI – Consumer & Retail Sector adding 13.93%.

In August the U.S. Dollar lost 0.59% against the Russian Rouble, sliding down to RUR 31.57/USD  (31.76 on 31 July.)

The slowest to grow was the Oil & Gas Sector, with RTSI – Oil & Gas adding just 3.05%.

Index

Last Value

Change Over (Period), %

Max

Min

Month

Quarter

Year

Value

Date

Value

Date

RTS Index

1 066,53

4,82%

-1,94%

-35,21%

1 103,02

25.08.09

993,57

19.08.09

RTS-2 Index

970,88

8,71%

13,18%

-48,00%

976,73

28.08.09

917,91

03.08.09

RTS Oil & Gas

152,14

3,05%

-5,26%

-31,44%

159,28

25.08.09

136,87

19.08.09

RTS – Consumer & Retail

180,03

13,93%

14,75%

-34,45%

180,96

28.08.09

163,07

07.08.09

RTS – Metals & Mining

174,24

10,37%

6,54%

-37,11%

175,79

28.08.09

166,52

03.08.09

RTS – Industrials

88,04

14,01%

6,88%

-69,96%

88,04

28.08.09

78,84

03.08.09

RTS – Electric utilities

146,20

6,23%

1,56%

-46,21%

150,14

05.08.09

139,42

27.08.09

RTS – Telecom

137,48

13,51%

15,32%

-36,52%

137,22

28.08.09

119,84

19.08.09

RTS - Financials

239,26

7,90%

5,48%

-50,67%

242,18

28.08.09

228,03

04.08.09