On the week of December 12th, - December 16th, 2005, RTS Index rose 1.57% and reached 1099, 25 points (1082,40 as of December 9th closing). On Wednesday, December 14th , 2005, RTS Index has gone through 1100 points for the first time in the index history; on Wednesday, December 15th , 2005, the new all-time record – 1108, 51 – was established. This happened before Standard & Poor" s announced its decision to upgrade its credit rating of the Russian Federation. On this announcement many professional market participants decided to close their positions and reap the profits; as the result by the end of the week the Index fell and closed near 1100. Profits were made mostly on the "blue chips". At the same time many "second-tier" stocks were ahead of the market. RTS-2 - the second-tier stock index – grew faster compared to the main index and gained 2.45% on the week to close at 1275, 47 (1244.80 on December 9th). Indices were pushed up the most by "Transneft" preferred stock that increased by 8.5% on the news of the upcoming increase in oil transportation prices.
Weekly total trading volume on RTS Classic Market reached 163.3 million dollars. The best selling were "LUKOil" common shares with total weekly turnover of $68.8 million, RAO UES of Russia ( EESR ) - $27.9 million, and "Norilsk Nickel" common shares ( GMKN ) - $14.5 million. The share of each security in total trading volume equaled 42,52%, 17,26% ? 8,96%.
This week"s top gainers were "Utair" common shares that leapt 21.5% to $0.13, "Vozrozhdenie" bank common shares ( VZRZ ) that rose 18% to $29.5 and "Ufaneftekhim" preferred shares ( UFNCP ) that gained 16.92% to close at $1.52.
This week"s top losers include "Izhstal" common shares ( IGST ) that lost 5.56% to $85, "Samaraenergo" preferred shares ( SAGOP ) that dropped 3.91% to $0.1105 and "Ufaorgsintez" common shares ( UFOS ) that fell 3.87$ to $2.73.
