RTS-Index

The RTS Index ( Russian Trading System Index, RTSI ) is a Russian stock index, which includes up to 50 of the largest publicly traded companies in the Russian Trading System, Moscow. Was introduced in the index on September 1, 1995. The RTS index is regarded internationally as a benchmark for the Russian securities trading.

Calculation

Technically, the RTS Index is a price index, which is weighted by the market capitalization (on free float basis). Dividend payments and corporate actions such as stock splits have no effect on the index. The index is calculated in U.S. dollars, starting from an initial level of 100 index points dated 1 September 1995. Calculation is during trading from 10:30 bis 18:00 clock clock local time (between 8:30 bis 16:00 clock clock CET) updated every second.

The composition is reviewed by the Moscow stock exchange RTS every three months. To avoid clumping of individual companies, an upper limit of 15 percent of the index weighting each company has been introduced. Since it is precisely the energy sector has experienced significant growth in Russia, yet over 50 percent of the index are characterized by energy companies. Above all, the companies Gazprom and Lukoil. By far the financial industry and the metal industry to follow. Nevertheless, the RTS index in comparison to other Russian indices such as the RTX or RDX due to its width a much more diversified course barometer dar.

History

20th century

The RTS index was launched on 1 September 1995 with 100.00 points. On July 7, 1997, he overcame with a final score of 504.55 points for the first time the 500 -point mark. As of 6 October 1997, the Russian benchmark index rose to 571.66 points. Since September 1995, the profit amounted to 471.7 percent.

During the Russian crisis, there was a massive outflow of capital, which caused an economic crisis in the country. The first signs of an economic crisis, there had already been in the wake of the turmoil of the Asian financial crisis in the fall of 1997. Due to the crisis, investors in Russia had become nervous and withdrew their money. This placed the currency of the Russian ruble under pressure. At the same time, the Russian government had a high demand for short-term loans to fill gaps in the budget.

During the crisis, the RTS index suffered the most severe decline in its history. On 28 October 1997, the RTSI closed under the limit of 400 points, on 23 January 1998 under the brand name of 300 points. On 18 August 1998 coincided with a final score of 99.58 points, the limit of 100 points. By 5 October 1998, the index dropped to an all-time low of 38.53 points. The loss since October 1997 is 93.3 percent.

The Russian economy recovered quickly from the production slump in the wake of the financial crisis of 1998. The decline in the gross domestic product of around five percent were caught in 1999. From 1999 to 2005, total economic output grew annually by an average of around 6.5 percent. The 1998 incurred significant devaluation of the ruble gave the Russian economy a boost. As of mid-1999, then the rapidly rising prices for Russian energy exports of the economy gave another growth spurt.

21st Century

Between 1998 and 2008, the Russian blue-chip index experienced the largest increase in its history. On 30 September 2005, the RTSI closed at 1007.76 points for the first time above the limit of 1,000 points and on 13 April 2007 with 2001.59 points above the mark of 2,000 points. On 19 May 2008 the index with a closing level of 2487.92 points, an all time high. The profit since the all-time low on 5 October 1998 is 6357.1 percent.

In the course of the international financial crisis, the RTS index began to fall again. From the 3rd quarter of 2008, the crisis had an increasing impact on the real economy. As a result, stock prices plummeted worldwide. On 25 July 2008, the index closed below the limit of 2,000 points and on 6 October 2008 under the brand of 1,000 points. On 23 January 2009, the RTSI ended trading at a low of 498.20 points. The decline since the all-time high of 19 May 2008 amounts to 80.0 percent. 23 January 2009 marks the turning point of the descent. From the beginning of 2009, the index was back on the way up. Until April 8, 2011, he rose by 326.5 percent to a closing level of 2123.56 points.

The slowdown in the global economy and the intensification of the euro crisis led to a fall in the Russian benchmark index. On 5 October 2011, the RTS index ended trading at 1217.21 points. The loss since the peak on 8 April 2011 amounted to 42.7 percent. The announcement of new bond purchase programs of the European Central Bank and the U.S. Federal Reserve in principle unlimited extent led to a recovery of prices in the stock market. The monetary stimulus played a greater role in price formation, as the global economic slowdown and the position of the company. On 8 January 2013, the index closed at 1576.10 points, up by 29.5 per cent as at 5 October 2011.

Highs

The overview shows the all-time highs of the RTS index.

Milestones

The table shows the milestones of the RTS index since 1995.

The best days

The table shows the best days of the RTS index since 1995.

The worst day

The table shows the worst days of the RTS index since 1995.

Annual development

The table shows the development of the RTS index since 1995.

Composition

The RTS index was in the period from 1 July to 15 September 2011 for the following companies.