OREANDA-NEWS. June 17, 2011. For the week of June 6-10, 2011 the Russian stock market experienced an upturn of prices.

The RTS Index (RTSI) went up to 1,926.02 points (3.66%) from 1,858.08 points as of June 3, 2011. At the end of the week the RTS Index was 0.09% lower than a month ago (1,927.82 points as of May 10, 2011) and 41.73% higher than a year ago (1,358.94 points as of June 10, 2010).

Growth on the stock market was accompanied by a slight increase of volatility levels when the Russian Volatility Index RTSVX went up by 0.89%.

Over the week the US dollar lost 1.21% against the Russian ruble.

Out of 49 RTSI constituents 33 were pushing the Index upwards (plus 70.27 points overall), whereas 10 securities behaved negatively (down 2.34 points in total), price for 6 securities remained unchanged.

The positive effect leaders were ordinary shares of Gazprom (plus 19.27 points), Rosneft (plus 7.28 points) and Sberbank (plus 7.18 points).

The negative impact was mainly related to the falling prices for ordinary shares of JSC "NOVATEK" (down 0.96 points).

In the oil and gas sector 49.97% of the RTSI total capitalization was concentrated. The other large-weight sectors were banks & finance (20.21%) and metals & mining (14.79%).

On the sector level the major positive contributors were the oil & gas (plus 38.59 points in total) and finance sectors (plus 12.72 points in total).

RTSI Futures Contracts

The weekly trading volume in the RTSI derivatives amounted to 978.53 billion rubles or 9.31 million contracts. Futures contracts on the RTS Index made up 67.99% of the total FORTS turnover (Futures and Options on RTS) in cash terms.

With the RTSI gaining 3.66%, June contracts went up by 4.02% by the settlement date and September contracts grew by 3.68%.

During the reviewed period RTSI linked futures were trading below the spot. By the end of the week June contracts were 5.72 points in backwardation, while for June contracts backwardation stood at 18.27 points.

For the week the total investor's open interest measured in contracts increased by 19.18%.

The RTS Standard Index

For the week of June 6-10, 2011 the ruble RTS Standard Index showed a positive trend.

The RTS Standard Index went up by 3.85% to 11,448.29 points (11,023.66 points as of June 3, 2011). At the end of the week the RTS Standard Index was0.17% higher than a month ago (11,429.18 points as of May 10, 2011) and 23.88% higher than a year ago (9,241.31 points as of June 10, 2010).

Out of 15 RTS Standard Index constituents 14 were pushing the Index upwards (plus 426.38 points overall), whereas one security behaved negatively (down 1.75 points).

The positive effect leaders were ordinary shares of Gazprom (plus 137.22 points), Rosneft (plus 51.51 points) and Sberbank (plus 47.48 points).

The negative impact was mainly related to the falling prices for ordinary shares of OJSC "Polyus Gold" (down 1.75 points).

Out of the blue chips the top risers were ordinary shares of "FGC UES ", JSC that gained 7.90%, followed by Gazprom and Rosneft that went up by 6.38% and 5.54% respectively.

The oil & gas sector accounted for 53.47% of the RTS Standard Index' total capitalization. The other large-weight sectors were finance (24.40%) and metallurgy (13.17%).

Ticker

Stock

Weight in the RTS Standard Index, %

Weight in the RTS Index, %

GAZPS

Gazprom, ordinary

19.99%

15.93%

SBERS

Sberbank, ordinary

17.82%

14.20%

SBERPS

Sberbank, preferred

1.54%

1.23%

LKOHS

LUKOIL, ordinary

16.49%

13.14%

GMKNS

NORILSK NICKEL, ordinary

10.29%

8.20%

ROSNS

Rosneft,  ordinary

8.58%

6.83%

SNGSS

Surgutneftegas, ordinary

5.29%

4.22%

SNGSPS

Surgutneftegas, preferred

1.69%

1.34%

VTBRS

VTB Bank, ordinary

5.04%

4.02%

URKAS

Uralkali, ordinary

4.24%

3.38%

HYDRS

RusHydro, ordinary

2.60%

2.07%

FEESS

FGS UES, ordinary

2.13%

1.69%

CHMFS

Severstal, ordinary

2.06%

1.64%

TRNFPS

Transneft, preferred

1.44%

1.14%

PLZLS

Polyus Gold, ordinary

0.81 %

0.64%

Total

 

100.00%

79.68%

Second-tier stocks

For the week of June 6-10, 2011 the second tier stocks market demonstrated positive dynamics.

Over the reviewed period the RTS-2 Index added 1.01% to reach 2,202.88 points (2,180.91 points as of June 3, 2011). At the end of the week the RTS-2 Index was 1.62% lower than a month ago (2,239.21 points as of May 10, 2011), and 35.55% higher than a year ago (1,625.09 points as of June 10, 2010).

17 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 40.66 points overall), 15 instruments pulled the Index downwards (down 18.69 points). The price for 26 securities remained unchanged.

The positive effect leaders were ordinary shares of JSC "OGK-4" (plus 6.26 points), JSC "INTER RAO UES" (plus 5.70 points) and "Bank "Saint-Petersburg" OJSC (plus 3.99 points).

Most of the negative effect was related to the falling prices for ordinary shares of OJSC "Magnit" (down 7.01 points) and OJSC "Volga TGC" (down 4.06 points).

In terms of weight in the RTS-2 Index, the power sector was the largest (32.12%), followed by the consumer goods & trading sector (18.53%) and metals & mining sector (16.11%).

Most of the RTS-2 Index growth was due to the positive contributions by the securities of the following sectors: power (plus 12.16 points in total), oil & gas (plus 3.12 points in total) and metallurgy (plus 2.69 points in total).

RTS Siberia Index

For the week of June 6-10, 2011 stocks constituting the RTS Siberia Index experienced a positive trend.

The RTS Siberia Index added 1.13% to close at 911.27 points (901.09 points as of June 3, 2011). At the end of the week the RTS Siberia Index was 4.01% lower than a month ago (949.29 points as of May 10, 2011) and 12.40% higher than a year ago (810.73 points as of June 10, 2010).

Out of the 10 component stocks four were moving the RTS Siberia Index up (plus 13.33 points), four securities pushed the Index down (down 3.15 points). The price for two securities remained unchanged.

The positive effect leaders were ordinary shares of JSC "RusHydro" (plus 4.90 points), "OJSC "MMC "NORILSK NICKEL" (plus 4.27 points) and JSC "WGC-3" (plus 3.16 points).

The negative effect leaders were ordinary shares of JSC  Raspadskaya (down 2.77 points) and Southern Kuzbass Coal Company JSC  (down 0.22 points).

The power sector accounted for 44.44% of the RTS Siberia Index' total capitalization. The other large-weight sectors were metallurgy (36.61%) and oil & gas (13.85%).

The RTS family of indices

Index

Last

Change over (Period), %

Value

Week

Month

Quarter

Year

RTS Index

1,926.02

3.66%

-0.09%

-1.20%

41.73%

RTS Standard Index

11,448.29

3.85%

0.17%

-2.88%

23.88%

RTS-2 Index

2,202.88

1.01%

-1.62%

-6.03%

35.55%

RTS Metals & Mining Index

357.29

2.11%

0.10%

-2.71%

48.72%

RTS Oil & Gas Index

226.00

4.00%

-0.75%

-3.00%

35.16%

RTS Consumer & Retail Index

424.61

0.71%

0.97%

-4.96%

53.40%

RTS Industrial Index

208.02

-0.56%

-10.05%

-13.77%

51.17%

RTS Finances Index

447.90

2.74%

0.30%

-8.61%

38.16%

RTS Electric Utilities Index

252.64

4.37%

-1.73%

-6.57%

8.79%

RTS Siberia Index

911.27

1.13%

-4.01%

-6.23%

12.40%

Russian Volatility Index

24.85

0.89%

-9.30%

-0.99%

-48.77%

Over the week of June 6-10, 2011, the RTS Index went up by 3.66% to reach 1,926.02 points (1,858.08 points as of June 3, 2011). The RTS Standard Index, the blue chips index, gained 3.85% to reach 11,448.29 points (11,023.66 points as of June 3, 2011).

Last week's growth on the stock market was accompanied by a slight increase of volatility levels when the Russian Volatility Index RTSVX went up by 0.89% to reach 24.85 points (24.63 points as of June 35, 2011).

Last week all the key economy sectors represented on the Russian stock market demonstrated a positive trend. The largest growth was reported by the power sector, with the RTS Electric Utilities Index adding 4.37%. In addition, a significant growth was showed by oil & gas and finance sectors, with the RTS Oil & Gas Index and RTS Finances Index going up by 4.00% and 2.74% respectively. A decline was reported only by the industrial sector, with the RTS Industrial Index losing 0.56%.

The regional index, RTS Siberia Index, added 1.13%.

Last week the US dollar depreciated by 1.21% against the ruble to reach 27.70 rubles per US dollar (28.04 rubles as of June 3, 2011).