OREANDA-NEWS. April 14, 2010. For the week of April 5 ЎV April 9, 2010 the Russian stock market experienced an upturn of prices.

The RTS Index (RTSI) went up to 1,631.81 points (1.08%) from 1,614.45 points as of April 2, 2010. At the end of the week the RTS Index was 8.59% higher than a month ago (1,502.7 points as of March 9, 2010) and 101.23% higher than a year ago (810.9 points as of April 9, 2009).

Over the week the US dollar lost 0.13% against the Russian ruble.

Out of 50 RTSI constituents 25 were pushing the Index upwards (plus 27.8 points overall), whereas 20 securities behaved negatively (down 10.44 points in total). The price for 5 securities remained unchanged.

The positive effect leaders were ordinary shares of OJSC "OC "Rosneft" (plus 10.03 points), †п†б†п "LUKOIL" (plus 5.21 points) and OJSC Uralkali (plus 2.66 points).

The negative impact was mainly related to the falling prices for ordinary shares of Sberbank (down 3.33 points).

In the oil and gas sector 49.66% of the RTSI total capitalization was concentrated. The other large-weight sectors were finance (17.80%) and metallurgy (16.23%).

On the sector level the major positive contributors were the oil & gas sector (plus 15.82 points in total) followed by the chemical production sector (plus 2.68 points overall) and the power sector (plus 2.65 points in total).

The weekly trading volume in the RTSI derivatives amounted to 332.6 billion rubles or 3.56 million contracts. Futures contracts on the RTS Index made up 76.41% of the total FORTS turnover (Futures and Options on RTS) in cash terms.

With the RTSI gaining 1.08%, June contracts (RTS-06.10) and September contracts (09.10) went up by 0.3% and 0.24% respectively.

Last week RTSI linked futures were mainly trading below the spot. June contracts closed 28.97 points in backwardation, while for September contracts backwardation stood at 32.17 points.

For the week the total investorЎ¦s open interest measured in contracts increased by 4.46%.

The RTS Standard Index

For the week of April 5 ЎV April 9, 2010 the ruble RTS Standard Index showed an uptrend.

The RTS Standard Index went up by 1.26% to 10,284.85 points (10,157.00 points as of April 2, 2010). At the end of the week the RTS Standard Index was 5.40% higher than a month ago (9,758.3 points as of March 9, 2010) and 66.98% higher than a year ago (6,159.36 points as of April 9, 2009).

Out of 15 constituents 8 had a positive impact on the RTS Standard Index (plus 175.27 points overall). Seven securities moved negatively (down 47.42 points).

The positive effect leaders were ordinary shares of OJSC "OC "Rosneft" (plus 78.74 points), †п†б†п "LUKOIL" (plus 42.45 points) and OJSC Uralkali (plus 20.84 points).

The negative impact was due to the declining prices for ordinary shares of Sberbank (down 23.72 points).

Out of the blue chips the top risers were ordinary shares of OJSC Uralkali that gained 8.94%, ordinary shares of OJSC "OC "Rosneft" that added 8.22% and ordinary shares of JSC "RusHydro" that went up by 6.11%.

The largest decline was demonstrated by ordinary shares of OJSC "MMC "NORILSK NICKEL" that lost 1.67%.

The oil & gas sector accounted for 55.84% of the RTS Standard IndexЎ¦ total capitalization. The other large-weight sectors were finance (21.76%) and metallurgy (14.13%).

Ticker

Stock

Weight in the

RTS Standard

Index, %

Weight in the RTS Index, %

LKOHS

LUKOIL, ordinary

17.76%

14.46%

SBERS

Sberbank, ordinary

16.99%

13.84%

SBERPS

Sberbank, preferred

1.52%

1.24%

GAZPS

Gazprom, ordinary

16.95%

13.80%

GMKNS

NORILSK NICKEL, ordinary

10.47%

8.53%

ROSNS

Rosneft, ordinary

10.08%

8.21%

SNGSS

Surgutneftegas, ordinary

6.42%

5.23%

SNGSPS

Surgutneftegas, preferred

2.27%

1.85%

HYDRS

RusHydro, ordinary

3.49%

2.84%

VTBRS

VTB Bank, ordinary

3.25%

2.65%

URKAS

Uralkali, ordinary

2.47%

2.01%

TATNS

Tatneft, ordinary

2.37%

1.93%

FEESS

FGC UES, ordinary

2.30%

1.88%

PLZLS

Polyus Gold, ordinary

2.06%

1.68%

CHMFS

Severstal, ordinary

1.60%

1.30%

Total

 

100.00%

81.43%

Second-tier stocks

For the week of April 5 ЎV April 9, 2010 the second tier stocks market demonstrated an uptrend.

Over the reviewed period the RTS-2 Index added 1.60% to reach 1,932.21 points (1,901.79 points as of April 2, 2010). At the end of the week the RTS-2 Index was 17.41% higher than a month ago (1,645.67 points as of March 9, 2010), and 246.75% higher than a year ago (557.24 points as of April 9, 2009).

31 constituents out of 70 stocks on the basis of which the RTS-2 Index is calculated had a positive impact on the RTS-2 Index (plus 59.44 points overall), 20 instruments pulled the Index downwards (down 29.02 points). The price for 19 securities remained unchanged.

Most of the positive effect was related to the growing prices for ordinary shares of JSC "Salavatnefteorgsintez" (plus 10.15 points), ordinary shares of JSC "OGK-6" (plus 6.06 points) and preferred shares of JSC CenterTelecom (plus 5.76 points).

The negative impact was mainly due to the falling prices for ordinary shares of JSC "OGK-4" (down 4.93 points).

In terms of weight in the RTS-2 Index, the power sector was the largest (29.9%), followed by the consumer goods & trading sector (15.1%) and telecom sector (14.7%).

Most of the RTS-2 Index growth was due to the positive contributions by the securities of the following sectors: oil & gas (plus 15.69 points in total) followed by water transportation (plus 4.52 points overall) and power (plus 4.03 points in total).

The RTS family of indices

 

Index

Last Value

Change over (Period), %

 

Week

Month

Quarter

Year

RTS Index

1,631.81

1.08%

8.59%

12.96%

101.23%

RTS Standard Index

10,284.85

1.26%

5.40%

7.48%

66.98%

RTS-2 Index

1,932.21

1.60%

17.41%

35.38%

246.75%

RTS Oil & Gas Index

197.6

2.16%

8.67%

6.23%

50.55%

RTS Consumer & Retail Index

313.18

0.71%

15.78%

29.72%

192.66%

RTS Metals & Mining Index

288.04

0.12%

8.74%

25.80%

143.73%

RTS Industrial Index

169.03

5.68%

10.64%

25.19%

242.86%

RTS Electric Utilities Index

291.41

1.44%

23.92%

42.64%

245.48%

RTS Telecom Index

229.61

-1.94%

9.10%

20.65%

128.81%

RTS Finances Index

429.99

0.66%

2.12%

16.34%

199.08%

For the week the RTS Index gained 1.08% to reach 1,631.81 points (1.614.45 points as of April 2, 2010), whereas the RTS Standard Index (blue chips index) added 1.26% to end up at 10,284.85 points (10,157.0 points as of April 2, 2010)

Last week most of the key economy sectors represented on the Russian stock market demonstrated positive dynamics.

The largest growth was shown by the industrial sector. The RTS Industrial Index went up by 5.68%. A significant increase was also demonstrated by the oil & gas sector, with the RTS Oil & Gas Index climbing 2.16%. A decline was reported by the telecom sector, with the RTS Telecom Index losing 1.94%.

The US dollar depreciated by 0.13% against the Russian ruble to reach 29.40 rubles per US dollar (29.44 rubles as of April 2, 2010).