| Ratio/Date | Feb-98 | Mar-98 | Apr-98 |
| Volume | 1275.68 | 1861.78 | 1245.67 |
Graph 1 shows the volumes in the Russian Trading System from September
1995 through
April 1998.
Table2. Weights of industries, %
| Ratio/Date | Feb-98 | Mar-98 | Apr-98 |
| Energy | 48.71 | 57.44 | 62.40 |
| Telecom | 7.80 | 6.32 | 8.78 |
| Oil | 38.97 | 30.99 | 23.80 |
| Non-ferrous | 0.83 | 1.14 | 0.61 |
| Ferrous | 0.06 | 0.09 | 0.13 |
| Transport | 0.21 | 0.44 | 0.63 |
| Refinery | 0.02 | 0.02 | 0.02 |
| Machinery | 1.84 | 0.94 | 1.73 |
| Bank | 1.52 | 2.50 | 1.69 |
| Other | 0.04 | 0.12 | 0.21 |
Graph 2 displays the volume distribution for the major industries
over the same time period
as in Graph 1.
Table3. Volumes of 8 major companies in RTS, $mln
| Ratio/Date |
|
Mar-98 | Apr-98 |
| UES (EESR) |
465.01
|
757.09 | 563.94 |
| Irkutskenergo (IRGZ) |
15.91
|
59.63 | 53.37 |
| LUKoil (LKOH) |
377.43
|
419.69 | 199.86 |
| Mosenergo (MSNG) |
112.06
|
155.43 | 124.29 |
| Norilsk Nikel (NKEL) |
8.92
|
16.22 | 6.43 |
| Rostelecom (RTKM) |
79.87
|
83.33 | 83.38 |
| Sberbank (SBER) | 18.41 | 44.05 | 19.26 |
| Surgutneftegas (SNGS) | 48.82 | 59.14 | 40.55 |
Graph 3 represents the eight most liquid Blue Chip Russian shares
and compares trends
in their volumes.
Table4.Weight of 8 major companies in RTS, %
| Ratio/Date | Feb-98 | Mar-98 | Apr-98 |
| Weight | 88.30 | 85.65 | 87.59 |
Graph 4 tracks the contribution of trading volumes in the eight leading
Blue Chips to the
total RTS index.
Table5. Market Capitalization, $mln
|
|
|
|
|
| Market Capitalization |
|
|
|
Graph 5 shows the Market Capitalization of the Russian Trading System.
Table 6. MICEX vs RTS (AVERAGE DAILY TURNOVER)
|
|
|
|
|
| Average daily turnover on MICEX ($mln) | 14.7 | 21.8 | 14.8 |
| Average daily turnover on RTS ($mln) | 54.8 | 87.6 | 56.2 |
| MICEX/(MICEX+RTS) | 0.188 | 0.199 | 0.209 |
