OREANDA-NEWS. April 13, 2011. For the week of April 4-8, 2011 the Russian stock market experienced an upturn of prices.

The RTS Index (RTSI) went up to 2,123.56 points (2.25%) from 2,076.78 points as of April 1, 2011. At the end of the week the RTS Index was 4.86% higher than a month ago (2,025.17 points as of March 5, 2011) and 32.65% higher than a year ago (1,600.84 points as of April 8, 2010).

Growth on the stock market was accompanied by an increase of volatility levels when the Russian Volatility Index RTSVX went up by 11.20%.

Over the week the US dollar lost 1.02% against the Russian ruble.

Out of 50 RTSI constituents 36 were pushing the Index upwards (plus 49.62 points overall), whereas 8 securities behaved negatively (down 2.84 points in total), price for 6 securities remained unchanged.

The positive effect leaders were ordinary shares of Gazprom (plus 16.59 points), Sberbank (plus 5.58 points) and Rosneft (plus 2.98 points).

The negative impact was mainly related to the falling prices for ordinary shares of "FGC UES ", JSC (down 1.05 points).

In the oil and gas sector 50.75% of the RTSI total capitalization was concentrated. The other large-weight sectors were banks & finance (20.13%) and metals & mining (14.35%).

On the sector level the major positive contributors were the oil & gas (plus 32.41 points in total) and finance sectors (plus 6.47 points in total).

RTSI Futures Contracts

The weekly trading volume in the RTSI derivatives amounted to 681.75 billion rubles or 5.91 million contracts. Futures contracts on the RTS Index made up 66.85% of the total FORTS turnover (Futures and Options on RTS) in cash terms.

With the RTSI gaining 2.25%, June contracts went up by 1.91% by the settlement date and September contracts grew by 1.90%.

During the reviewed period RTSI linked futures were trading below the spot. By the end of the week June contracts were 48.06 points in backwardation, while for June contracts backwardation stood at 56.91 points.

For the week the total investor's open interest measured in contracts decreased by 0.62%.

The RTS Standard Index

For the week of April 4-8, 2011 the ruble RTS Standard Index showed a positive trend.

The RTS Standard Index went up by 0.71% to 12,733.21 points (12,643.28 points as of April 1, 2011). At the end of the week the RTS Standard Index was4.45% higher than a month ago (12,190.66 points as of March 5, 2011) and 25.66% higher than a year ago (10,133.26 points as of April 8, 2010).

Out of 15 RTS Standard Index constituents nine were pushing the Index upwards (plus 147.14 points overall), whereas six securities behaved negatively (down 57.21 points).

The positive effect leaders were ordinary shares of Gazprom (plus 87.21 points) and preferred shares of Transneft (plus 20.18 points).

The negative impact was mainly related to the falling prices for ordinary shares of JSC  "LUKOIL" (down 18.09 points).

Out of the blue chips the top risers were preferred shares of Transneft that gained 12.74%, ordinary shares of Gazprom and JSC "RusHydro" that went up by 3.39% and 1.80% respectively.

The oil & gas sector accounted for 54.86% of the RTS Standard Index' total capitalization. The other large-weight sectors were finance (24.35%) and metallurgy (12.53%).

Ticker

Stock

Weight in the RTS Standard Index, %

Weight in the RTS Index, %

GAZPS

Gazprom, ordinary

20.92%

16.61%

SBERS

Sberbank, ordinary

17.91%

14.22%

SBERPS

Sberbank, preferred

1.42%

1.13%

LKOHS

LUKOIL, ordinary

16.99%

13.49%

GMKNS

NORILSK NICKEL, ordinary

9.91 %

7.87%

ROSNS

Rosneft, ordinary

8.24%

6.54%

SNGSS

Surgutneftegas, ordinary

5.49%

4.36%

SNGSPS

Surgutneftegas, preferred

1.82%

1.45%

VTBRS

VTB Bank, ordinary

5.02%

3.99%

URKAS

Uralkali, ordinary

3.75%

2.98%

HYDRS

RusHydro, ordinary

2.49%

1.98%

FEESS

FGS UES, ordinary

2.02%

1.61%

CHMFS

Severstal, ordinary

1.98%

1.57%

TRNFPS

Transneft, ordinary

1.40%

1.11%

PLZLS

Polyus Gold, ordinary

0.64%

0.51%

Total

 

100.00%

79.42%

Second-tier stocks

For the week of April 4-8, 2011 the second tier stocks market demonstrated a positive dynamic.

Over the reviewed period the RTS-2 Index added 1.57% to reach 2,406.08 points (2,368.85 points as of April 1, 2011). At the end of the week the RTS-2 Index was 2.44% higher than a month ago (2,348.82 points as of March 5, 2011), and 26.21% higher than a year ago (1,906.35 points as of April 8, 2010).

30 constituents out of 58 stocks on the basis of which the RTS-2 Index is calculated had a positive impact on the RTS-2 Index (plus 56.07 points overall), 13 instruments pulled the Index downwards (down 18.84 points). The price for 15 securities remained unchanged.

Most of the positive effect was related to the growing prices for ordinary shares of JSC "Polymetal" (plus 16.22 points respectively) , preferred shares of JSOC Bashneft (plus 8.52 points) and ordinary shares of JSC  Raspadskaya (plus 6.66 points).

The negative impact was mainly due to the falling prices for ordinary shares of OJSC "Magnit" (down 7.36 points).

In terms of weight in the RTS-2 Index, the power sector was the largest (34.5%), followed by the consumer goods & trading sector (18.1%) and metals & mining sector (16.3%).

Most of the RTS-2 Index growth was due to the positive contributions by the securities of the following sectors: metallurgy (plus 23.50 points in total) and oil & gas (plus 12.70 points in total).

RTS Siberia Index

For the week of April 4-8, 2011 stocks constituting the RTS Siberia Index experienced a positive trend.

The RTS Siberia Index added 0.92% to close at 995.54 points (986.47 points as of April 1, 2011). At the end of the week the RTS Siberia Index was 0.26% higher than a month ago (998.14 points as of March 5, 2011) and 0.69% higher than a year ago (988.68 points as of April 8, 2010).

Out of the 10 component stocks three were moving the RTS Siberia Index up (plus 11.46 points), two securities pushed the Index down (down 2.39 points). The price for five securities remained unchanged.

The positive effect leaders were ordinary shares of JSC  Raspadskaya (plus 7.98 points), JSC "RusHydro" (plus 2.66 points) and Southern Kuzbass Coal Company JSC  (plus 0.83 points).

The positive effect leaders were ordinary shares of "OJSC "MMC "NORILSK NICKEL" (down 1.48 points).

The power sector accounted for 41.3% of the RTS Siberia Index' total capitalization. The other large-weight sectors were metallurgy (37.9%) and oil & gas (15.4%).

The RTS family of indices

Index

Last

Change over (Period), %

Value

Week

Month

Quarter

Year

RTS Index

2,123.56

2.25%

4.86%

19.96%

32.65%

RTS Standard Index

12,733.21

0.71%

4.45%

11.76%

25.66%

RTS-2 Index

2,406.08

1.57%

2.44%

7.51%

26.21%

RTS Metals & Mining Index

388.14

1.98%

2.03%

9.09%

36.43%

RTS Oil & Gas Index

253.79

3.07%

4.66%

28.85%

30.37%

RTS Consumer & Retail Index

451.80

0.68%

0.69%

2.52%

44.85%

RTS Industrial Index

241.05

-0.12%

-0.67%

14.15%

44.39%

RTS Finances Index

498.85

1.08%

0.32%

10.13%

18.07%

RTS Electric Utilities Index

276.04

0.29%

0.47%

0.91%

-2.61%

RTS Siberia Index

995.54

0.92%

-0.26%

-0.44%

0.69%

Russian Volatility Index

25.17

11.20%

7.36%

-4.29%

1.21%

For the week the RTS Index gained 2.25% to reach 2,123.56 points (2,076.78 points as of April 1, 2011), the RTS Standard Index (blue chips index) went up by 0.71% to end up at 12,733.21 points (12,643.28 points as of April 1, 2011).

Last week's growth on the stock market was accompanied by an increase of volatility levels when the Russian Volatility Index RTSVX went up by 11.20% to reach 25.17 points (22.63 points as of April 1, 2011).

Last week most of the key economy sectors represented on the Russian stock market demonstrated positive dynamics. The largest growth was shown by the oil & gas sector. The RTS Oil & Gas Index grew by 3.07%. The substantial upturn was also demonstrated by the metallurgy and finance sectors with the RTS Metals & Mining Index and RTS Finances Index increasing by 1.98% and 1.08% respectively. Decline was reported only by the industrial sector with the RTS Industrial Index shedding 0.12%.

The regional RTS Siberia Index went up 0.92%.

The US dollar depreciated by 1.02% against the Russian ruble to reach 28.23rubles per US dollar (28.52 rubles as of April 1, 2011).