RTS Index Weekly Wrap Up

Transcription

1 RTS Index RTS Index Constituents' trading volume*, USD mln. * including OTC trades PLZLS ROSNS SNGSPS FEESS TRNFP SNGSS LKOHS VTBRS GAZPS SBERS The RTS Index USD/RUR 31, Points change Price change, % Industrials Consumers Goods & Trading Air Transporting Sector contribution to Index dynamics, points 31,1 3,9 For the week of July 5 July 9, 21 the Russian stock market experienced an upturn of prices. The RTS Index (RTSI) went up to 1, points (3.25%) from 1, points as of July 2, 21. At the end of the week the RTS Index was 1.87% higher than a month ago (1, points as of June 9, 21) and 53.62% higher than a year ago ( points as of July 9, 29). Over the week the US dollar lost 1.35% against the Russian ruble. Out of 5 RTSI constituents 23 were pushing the Index upwards (plus points overall), whereas 9 securities behaved negatively (down 1.9 points in total). The price for 18 securities remained unchanged. The positive effect leaders were ordinary shares of Sberbank (plus points) and Gazprom (plus 9.38 points). The negative impact was mainly related to the falling prices for ordinary shares of "FGC UES", JSC (down.5 points). In the oil and gas sector 49.68% of the RTSI total capitalization was concentrated. The other large-weight sectors were banks & finance (18.87%) and metallurgy (15.41%). On the sector level the major positive contributors were the banks & finance sector (plus points in total) and the oil & gas sector (plus 14.7 points). Water Transporting Telecommunications Chemical Producrion Power Metals & Mining Oil & Gas Banks & Finance

2 RTSI Futures Contracts The weekly trading volume in the RTSI derivatives amounted to billion rubles or 4.23 million contracts. Futures contracts on the RTS Index made up 74.86% of the total FORTS turnover (Futures and Options on RTS) in cash terms. RTSI 1 41 Spread 1, , , , RTSI Spread RIU и RTSI, points Spread RIZ и RTSI, points With the RTSI gaining 3.25%, September contracts (RTS-9.1) and December contracts (12.1) went up by 3.75% and 3.5% respectively. Last week RTSI linked futures were trading near the spot. September contracts closed.5 points in contango, whereas for December contracts contango stood at.6 points. For the week the total investor s open interest measured in contracts decreased by 2.5%. RTS Index and Futures prices, points Open positions, mln. RUB Open positions RTS-9.1 Open positions RTS-12.1 RTSI Price RTS-9.1 Price RTS

3 RTS Standard Index Trading volume, bln. RUB* * for the consistuent stocks ROSNS PLZLS FEESS CHMFS SNGSS SBERPS VTBRS GAZPS SBERS RTS Standard Top movers The RTS Standard Index For the week of July 5 July 9, 21 the ruble RTS Standard Index showed an uptrend. The RTS Standard Index went up by 2.89% to 9,5.43 points (8, points as of July 2, 21). At the end of the week the RTS Standard Index was.1% higher than a month ago (9,49.53 points as of June 9, 21) and 49.53% higher than a year ago (6,52.62 points as of July 9, 29). Out of 15 constituents 1 had a positive impact on the RTS Standard Index (plus points overall). Five securities moved negatively (down point). The positive effect leaders were ordinary shares of Sberbank (plus points), Gazprom (plus 66.6 points) and OJSC "MMC "NORILSK NICKEL" (plus points). The negative impact was mainly due to the falling prices for ordinary shares of Rosneft (down 6.87 points). Out of the blue chips the top risers were ordinary shares of OJSC "MMC "NORILSK NICKEL" that gained 6.9% followed by ordinary shares of Sberbank that added 6.28% and ordinary shares of JSC VTB Bank that went up by 5.9%. The largest decline was demonstrated by ordinary shares of OJSC "Polyus Gold" that lost 2.58%. The oil & gas sector accounted for 55.5% of the RTS Standard Index total capitalization. The other large-weight sectors were finance (22.99%) and metallurgy (13.5%). PLZLS SNGSPS FEESS TATNS GAZPS CHMFS SBERPS VTBRS SBERS Top risers and fallers among the blue chips, % Ticker Stock Weight in the RTS Standard Index, % Weight in the RTS Index, % LKOHS LUKOIL, ordinary 18.36% 15.2% SBERS Sberbank, ordinary 18.18% 14.87% SBERPS Sberbank, preferred 1.53% 1.25% GAZPS Gazprom, ordinary 17.91% 14.65% NORILSK NICKEL, ordinary 9.92% 8.11% ROSNS Rosneft, ordinary 8.8% 6.61% SNGSS Surgutneftegas, ordinary 6.73% 5.51% SNGSPS Surgutneftegas, preferred 1.86% 1.52% HYDRS RusHydro, ordinary 3.36% 2.75% VTBRS VTB Bank, ordinary 3.29% 2.69% TATNS Tatneft, ordinary 2.56% 2.1% URKAS Uralkali, ordinary 2.37% 1.94% PLZLS Polyus Gold, ordinary 2.3% 1.88% FEESS FGS UES, ordinary 2.28% 1.86% CHMFS Severstal, ordinary 1.29% 1.5% Total 1.% 81.82% 3

4 Second-tier stocks RTS-2 Index TGKA Points change DIXY Price change, % RASP STBK WBDF PIKK LSRG BANEP OGKB AFLT NMTP MRKH RTS-2 Sector structure 3,2% 5,9% 1,4% 4,8% 2,% 13,% 13,2% 3,5%,3% 16,% 9,5% For the week of July 5 July 9, 21 the second tier stocks market demonstrated an uptrend. Over the reviewed period the RTS-2 Index added 1.2% to reach 1,62.36 points (1, points as of July 2, 21). At the end of the week the RTS-2 Index was 1.44% lower than a month ago (1, points as of June 2, 21), and 92.35% higher than a year ago (833.3 points as of July 9, 29). 14 constituents out of 69 stocks on the basis of which the RTS-2 Index is calculated had a positive impact on the RTS-2 Index (plus points overall), 8 instruments pulled the Index downwards (down 3.28 points). The price for 47 securities remained unchanged. Most of the positive effect was related to the growing prices for ordinary shares of JSC "IDGC Holding" (plus 4.52 points), ordinary shares of PJSC "NCSP" (plus 3.23 points) and ordinary shares of JSC "Aeroflot" (plus 3.15 points). The negative impact was mainly due to the falling prices for ordinary shares of JSC "TGC-1" (down 1.15 points). In terms of weight in the RTS-2 Index, the power sector was the largest (3.2%), followed by the consumer goods & trading sector (16.%) and metals & mining sector (13.2%). Most of the RTS-2 Index growth was due to the positive contributions by the securities of the following sectors: power (plus 6.78 points in total) followed by banks & finance (plus 3.9 points overall) and water transportation (plus 3.23 points in total). Banks & Finance Air Transporting Oil & Gas Nuclear Materials Prod. Telecommunications Power Water Transportation Metals & Mining Cons. Goods & Trading Industrials Chemical Production 4

5 Trading 1 5 volume*, mln. RUB *for the consistuent stocks RASP UKUZ ENCO BLNG HYDRS Points change Price change, % For the week of July 5 July 9, 21 stocks constituting the were on the rise. The gained 2.9% to close at points (78.53 points as of July 2, 21). At the end of the week the was.85% lower than a month ago (83.69 points as of June 9, 21) and 62.72% higher than a year ago ( points as of July 9, 29). Out of the 1 component stocks 3 were pushing the up (plus points), whereas 4 stocks had a negative impact on its dynamics (down 5.1 points). The price for 3 securities remained unchanged. The positive effect leaders were ordinary shares of JSC "WGC-3" (plus 13.1 points) and OJSC "MMC "NORILSK NICKEL" (plus 7.78 points). The negative impact was mainly due to the falling prices for ordinary shares of OAO Raspadskaya (down 2.31 points). The metals & mining sector accounted for 36.7% of the total capitalization. The other large-weight sectors were power (32.7%) and oil & gas (15.2%). OGKC % RTS Siberia Sectoral Structu re 13% 12% 32,7% 1,9% 4,4% 15,2% 11% 1% 99% RTS Standard Index Oil & Gas Power Banks & Finance 36,7% Metals & Mining Telecommunications 5

6 The RTS family of indices Index Last Change over (Period), % Value Week Month Quarter Year RTS Index 1, % 1.87% % 53.62% RTS Standard Index 9, %.1% -12.% 49.53% RTS-2 Index 1, % -1.44% -17.7% 92.35% RTS Oil & Gas Index % -1.17% % 63.34% RTS Consumer & Retail Index %.5% % 3.13% RTS Metals & Mining Index % 2.76% -9.28% 9.12% RTS Industrial Index % -.3% % 94.8% RTS Electric Utilities Index % 2.57% % 79.51% RTS Telecom Index % 2.1% % 63.13% RTS Finances Index %.76% -2.5% 74.2% % -.85% -2.55% 62.72% For the week the RTS Index gained 3.25% to reach 1, points ( points as of July 2, 21), the RTS Standard Index (blue chips index) went up by 2.89% to end up at 9,5.25 points (8, points as of July 2, 21) Last week almost all the key economy sectors represented on the Russian stock market demonstrated positive dynamics. The largest growth was shown by the financial sector. The RTS Finances Index going up by 5.41%. A significant increase was also demonstrated by the metals & mining and oil & gas sectors, with the RTS Metals & Mining Index adding 2.45% and the RTS Oil & Gas Index gaining 1.93%. The regional went up by 2.9%. The US dollar depreciated by 1.35% against the Russian ruble to reach 3.95 rubles per US dollar (31.37 rubles as of July 2, 21). 17% 16% 15% 14% 13% 12% 11% 1% 99% RTS Index RTS Standard Index RTS-2 Index RTS Metals & Mining Index RTS Oil & Gas Index RTS Telecom Index RTS Consumer & Retail Index RTS Industrial Index RTS Electric Utilities Index RTS Finances Index 6

7 The RTS Index family includes the RTS Index as the main benchmark of the cash equity market, the RTS Standard Index as the blue chips index, the RTS-2 Index as the second tier stocks index and a number of sectoral and regional indices. Calculation principles RTS indices are capitalization-weighted stock indices. Their calculation formula is based on the relation of total market capitalization of constituent shares to the same value at the initial date. RTS indices are calculated during the trading session at the transaction prices and bids on RTS Classica and RTS Standard. RTS Index is a broad-based index calculated on the basis of prices of 5 liquid shares of the most highly capitalized Russian companies. This allows it to reflect precisely the entire Russian cash equity market. The Index is computed from the US dollar-denominated prices. RTS Standard Index is an indicator that tracks performance of the so called blue chips. It is calculated from rubledenominated prices and bids for 15 top liquid stocks of the Russian cash equity market. RTS-2 Index is an indicator that covers the small- and mid-cap market segment. There is no strict restriction on the number of constituent stocks. The RTS-2 Index is calculated based on US dollar-denominated stock prices. Sectoral indices reflect the movements of prices in a given sector of the economy represented in the Russian stock market. They usually include 1 to 2 liquid shares of the most highly capitalized Russian issuers belonging to this sector. is the first regional index made up from stocks issued by companies whose main business is concentrated in Siberia. It is calculated from ruble-denominated prices of the component stocks. The authority to exert the overall control and amend the methodology for calculation of the RTS Indices is vested in the RTS Index Committee that brings together experts from major Russian brokerage firms and representatives from Standard & Poor s, the world s leader in independent financial research, ranking and indices industry. OJSC "Russian Trading System" Stock Exchange Indices and Market Data Department 4/7 Vozdvizhenka Str, Bld 1, 1259, Moscow, Russia Phones: +7(495) , (495) , (extension 2631) Faxes: +7(495) , stat-help@rts.ru 7