RTS index

RTS index
base data
Country	Russia
Stock exchange	Russian Trading System
ISIN	RU000A0JPEB3
WKN	not known
symbol	RTSI
RIC	^ IRTS
Bloomberg code	RTSI $ <INDEX>
category	Stock index
Type	Price index
family	RTS indices

The RTS index ( english Russian Trading System Index , RTSI) is one of two equity indices of the Russian stock exchange (MICEX RTS) and includes up to 50 of the largest listed companies in Russia. The index was introduced on September 1, 1995. The RTS index is the benchmark for Russian securities trading.

calculation

Technically speaking, the RTS index is a price index that is weighted according to market capitalization (on a free float basis). Dividend payments and corporate actions such as stock splits have no impact on the index. The index is calculated in US dollars based on an initial level of 100 index points dated September 1, 1995. The calculation is made during trading hours from 10:30 am to 6:00 pm local time (8:30 am to 4:00 pm) CET ) updated every second.

The composition is reviewed every three months by the Moscow Stock Exchange RTS . In order to avoid clustering of individual companies, an upper limit of 15 percent of the index weighting per company was introduced. Since the energy sector in Russia has experienced great growth, over 50 percent of the index is still characterized by energy companies. Above all the companies Gazprom and Lukoil . The financial sector and the metal industry follow at a distance. Nevertheless, the RTS index is a much more diversified price barometer compared to other Russian indices such as the RTX or RDX due to its breadth.

history

20th century

RTS index 1995-2015

The RTS index started on September 1, 1995 with 100.00 points. On July 7, 1997, he passed the 500-point mark for the first time with a final score of 504.55 points. By October 6, 1997, the leading Russian index rose to 571.66 points. Since September 1995 the profit is 471.7 percent.

In the course of the Russian crisis, there was a massive outflow of capital, which triggered an economic crisis in the country. The first signs of an economic crisis had already emerged in the aftermath of the turbulence of the Asian crisis in autumn 1997. The crisis made investors in Russia nervous and withdrew their money. As a result, the currency, the Russian ruble , came under pressure. At the same time, the Russian government had a great need for short-term loans to fill gaps in the budget.

In the wake of the crisis, the RTS index suffered the worst slump in its history. On October 28, 1997 the RTSI closed below the limit of 400 points and on January 23, 1998 below the mark of 300 points. On August 18, 1998, with a final score of 99.58 points, the limit of 100 points also fell. By October 5, 1998, the index fell to an all-time low of 38.53 points. The loss since October 1997 is 93.3 percent.

The Russian economy recovered rapidly from the slump in output in the wake of the 1998 financial crisis. The decline in gross domestic product by around five percent was made up for in 1999. From 1999 to 2005, overall economic production grew by an average of around 6.5 percent per year. The sharp devaluation of the ruble that occurred in 1998 gave the Russian economy a boost. From mid-1999, the sharp rise in prices for Russian energy exports gave the economy a further boost to growth.

21st century

Between 1998 and 2008, the leading Russian index experienced the greatest increase in its history. On September 30, 2005, the RTSI closed with 1,007.76 points for the first time above the limit of 1,000 points and on April 13, 2007 with 2,001.59 points above the 2,000 point mark. On May 19, 2008, the index marked an all-time high with a closing level of 2,487.92 points. The profit since the all-time low on October 5, 1998 is 6,357.1 percent.

In the course of the international financial crisis , the RTS index began to decline again. From the third quarter of 2008, the crisis increasingly affected the real economy. As a result, share prices collapsed worldwide. On July 25, 2008 the index closed below the limit of 2,000 points and on October 6, 2008 below the mark of 1,000 points. On January 23, 2009, the RTSI closed trading at a low of 498.20 points. The decline since the all-time high on May 19, 2008 is 80.0 percent. January 23, 2009 marks the turning point of the downward trend. From the beginning of 2009 the index was on the way up again. By April 8, 2011 it rose by 326.5 percent to a closing level of 2,123.56 points.

The weakening of the global economy and the intensification of the euro crisis led to a slump in the Russian benchmark index. On October 5, 2011, the RTS index ended trading at 1,217.21 points. The loss since the peak on April 8, 2011 is 42.7 percent. The announcement of new bond purchase programs by the European Central Bank and the US Federal Reserve , which are basically unlimited, led to a recovery in prices on the stock market. The monetary stimulus played a bigger role in the price formation than the global economic slowdown and the state of the companies. On January 8, 2013, the index closed at 1,576.10 points, 29.5 percent higher than on October 5, 2011.

Highs

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

	Points	date
in the course of trading	2,498.10	Monday May 19, 2008
on a closing price basis	2,487.92	Monday May 19, 2008

Milestones

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

First close over Final score in points date 100 100.00 September 1, 1995 200 205.03 June 25, 1996 300 304.90 February 10, 1997 400 400.59 June 23, 1997 500 504.55 July 7, 1997 600 609.80 October 7, 2003 700 708.59 March 18, 2004 800 803.22 August 5, 2005 900 909.88 September 2, 2005 1,000 1,007.76 September 30, 2005 1,100 1,105.67 December 14, 2005 1,200 1,216.66 January 11, 2006

First close over Final score in points date 1,300 1,304.53 January 20, 2006 1,400 1,428.14 February 17, 2006 1,500 1,516.46 February 26, 2006 1,600 1,600.01 April 18, 2006 1,700 1,716.60 May 2, 2006 1,800 1,821.33 December 5, 2006 1,900 1,910.28 December 28, 2006 2,000 2,001.59 April 13, 2007 2,100 2,108.57 October 2, 2007 2,200 2,226.02 October 29, 2007 2,300 2,330.45 December 10, 2007 2,400 2,406.05 May 14, 2008

Best days

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

rank	date	Final score in points	Change in points	Change in%
1	19 Sep 2008	1,295.91	237.07	22.39
2	Oct 30, 2008	758.71	114.71	17.81
3	Dec 31, 1999	175.26	25.25	16.83
4th	July 14, 1998	183.65	26.45	16.82
5	June 17, 1996	170.13	23.27	15.85
6th	Aug 14, 1998	115.00	13.83	13.67
7th	May 28, 1996	164.49	19.73	13.63
8th	Oct 15, 1998	58.73	6.84	13.18
9	0June 2, 1998	192.75	21.04	12.25
10	Oct 29, 2008	644.00	68.36	11.88
11	0May 5, 1999	102.69	10.86	11.83
12	May 17, 1999	92.13	9.55	11.57
13	0Oct 9, 2008	844.75	83.12	10.91
14th	Nov 25, 2008	692.51	67.60	10.82
15th	Nov 23, 1998	70.13	6.77	10.69
16	10 Mar 2009	634.92	58.53	10.15
17th	June 17, 2004	587.10	53.84	10.10
18th	Apr 25, 1996	108.63	9.93	10.06
19th	Dec 20, 1999	132.17	11.96	9.95
20th	May 27, 1996	144.76	13.09	9.94
21st	Oct 14, 2008	869.51	78.31	9.90
22nd	0Dec 5, 2000	155.10	13.52	9.55
23	Oct 21, 1998	61.94	5.26	9.28
24	July 15, 1996	174.59	14.69	9.19
25th	July 13, 1998	157.20	13.18	9.15
26th	Oct 14, 1998	51.89	4.22	8.85
27	04th July 1996	227.79	18.43	8.80
28	May 24, 1996	131.67	10.49	8.66
29	0Jan. 4, 2001	142.15	11.13	8.50
30th	0June 3, 1998	209.07	16.32	8.47
31	June 24, 1996	195.64	14.98	8.29
32	Jan. 26, 2009	539.38	41.18	8.27
33	Dec 15, 1999	118.03	9.00	8.26
34	Dec 21, 1999	142.67	10.50	7.94
35	25 Sep 2000	194.18	14.20	7.89
36	0Dec 8, 2000	163.03	11.69	7.72
37	Nov 24, 2008	624.91	44.79	7.72
38	June 17, 1998	181.99	12.97	7.67
39	May 18, 1999	99.15	7.02	7.62
40	Jan. 11, 2010	1,553.06	108.45	7.51
41	11th Mar 1999	82.24	5.72	7.48
42	03rd July 1997	481.13	33.19	7.41
43	Feb 22, 1999	75.40	5.18	7.38
44	0Nov 5, 2008	829.80	56.43	7.30
45	Feb 11, 1999	67.53	4.55	7.23
46	Jan. 13, 1998	341.76	22.74	7.13
47	23 Aug 1999	116.85	7.76	7.11
48	0Apr 1, 2009	685.51	48.42	7.06
49	09 Mar 2000	211.25	13.92	7.05
50	Sep 14 2012	1,589.40	104.52	7.04

Worst days

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

rank	date	Final score in points	Change in points	Change in%
1	0Oct 6, 2008	866.39	−204.59	−19.10
2	Oct 28, 1997	392.86	−92.30	−19.03
3	Aug 27, 1998	63.20	−13.06	−17.13
4th	May 12, 1999	81.39	−15.72	−16.19
5	Jan. 12, 1998	319.02	−53.44	−14.35
6th	Feb 17, 2009	552.03	−84.77	−13.91
7th	Aug 26, 1998	76.26	−12.24	−13.83
8th	Oct 24, 2008	549.43	−87.11	−13.68
9	Nov 12, 2008	634.94	−90.95	−12.53
10	17 Sep 1998	51.70	−7.16	−12.16
11	0July 8, 1996	190.15	−26.24	−12.12
12	May 18, 1998	227.61	−30.49	−11.81
13	May 22, 2006	1,318.50	−172.14	−11.55
14th	16 Sep 2008	1,131.12	−146.48	−11.47
15th	Oct 22, 2008	665.78	−81.24	−11.33
16	0Oct 8, 2008	761.63	−96.53	−11.25
17th	Nov 30, 2000	143.42	−17.53	−10.89
18th	Nov 11, 2008	725.89	-86.69	−10.67
19th	May 27, 1998	187.23	−22.10	−10.56
20th	June 28, 1996	204.13	−23.57	−10.35
21st	0June 1, 1998	171.71	−19.58	−10.24
22nd	Oct. 27, 2003	535.05	−59.86	−10.06
23	Oct 16, 2008	713.90	-75.08	−9.52
24	Aug 19, 1998	90.19	−9.39	−9.43
25th	June 13, 2006	1,234.82	−127.69	−9.37
26th	Oct 15, 2008	788.98	−80.53	−9.26
27	Nov 12, 1997	350.01	−35.68	−9.25
28	Aug 11, 1998	109.90	−11.01	−9.11
29	May 29, 1996	149.55	−14.94	−9.08
30th	July 27, 1998	143.46	−14.28	−9.05
31	Aug 18, 1998	99.58	−9.85	−9.00
32	Aug 10, 1998	120.91	−11.95	−8.99
33	Dec 15, 2000	136.71	−13.18	−8.79
34	22 Sep 2011	1,387.86	−130.78	−8.61
35	0Jan. 3, 2001	131.02	−12.27	−8.56
36	Nov 10, 1997	402.10	−36.24	−8.27
37	Oct 30, 2003	496.66	−43.79	−8.14
38	Dec 11, 1997	339.25	−29.91	−8.10
39	0Oct. 4, 1995	72.06	−6.33	−8.08
40	Oct 17, 2005	915.41	-79.47	−7.99
41	0Aug 4, 1999	105.46	−9.01	−7.87
42	Feb 21, 2001	162.39	−13.88	−7.87
43	Apr 17, 2000	203.38	−17.29	−7.84
44	0Aug 8, 2011	1,657.77	−140.98	−7.84
45	July 11, 1996	156.08	−12.71	−7.53
46	Jan. 13, 1999	55.64	−4.53	−7.53
47	0Sep 9 2008	1,395.11	−113.30	−7.51
48	22 Sep 2000	179.98	−14.39	−7.40
49	July 24, 2002	324.96	−25.93	−7.39
50	Jan. 21, 2008	1,999.83	−159.27	−7.38

Annual development

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

year	Final score in points	Change in points	Change in%
1995	82.92
1996	200.50	117.58	141.80
1997	396.86	196.36	97.94
1998	58.93	−337.93	−85.15
1999	175.26	116.33	197.40
2000	143.29	−31.97	−18.24
2001	260.05	116.76	81.49
2002	359.07	99.02	38.08
2003	567.25	208.18	57.98
2004	614.11	46.86	8.26
2005	1,125.60	511.49	83.29
2006	1,921.92	796.32	70.75
2007	2,290.51	368.59	19.18
2008	631.89	−1,658.62	−72.41
2009	1,444.61	812.72	128.62
2010	1,770.26	325.65	22.54
2011	1,380.49	−389.77	−22.02
2012	1,530.41	149.92	10.61
2013	1,442.73	−87.68	−5.73
2014	790.71	-652.02	−45.19
2015	757.04	−33.67	−4.26
2016	1,152.33	395.29	52.22
2017	1,154.43	2.10	0.18
2018	1,066.13	−88.30	−7.65
2019	1,548.92	482.79	45.82

composition

As of December 27, 2019, the RTS index consisted of the following companies:

Companies	Branch	logo	Index weighting in%	Free float in%
Aeroflot	Airlines		0.4	41
AFK system	Conglomerate		0.41	33
ALROSA	Mining (diamonds)		1.79	34
Detski me	retail trade		0.21	34
FSK JeES	Network operator		0.39	18th
PhosAgro	fertilizer		0.66	25th
Gazprom	oil and gas		14.39	46
Inter RAO	Electricity supplier		1.48	33
Lenta	retail trade		0.17	21st
LSR Group	property		0.28	42
Lukoil	oil and gas		13.57	54
M.video	retail trade		0.2	27
Magnite	retail trade		2.10	71
MMK	steel		0.64	16
Megaphone	telecommunications		0.67	21st
Mechel	Mining (coal)		0.21	50
Mobile TeleSystems	telecommunications		2.44	45
Moscow Stock Exchange	Stock exchange		1.20	58
Moscow Credit Bank	Banks		0.30	20th
NLMK	steel		1.38	19th
Nornickel	Mining		6.63	38
Novatek	oil and gas		4.62	21st
PIK	construction		0.40	18th
Polyus gold	Mining		1.70	21st
Polymetal	Mining		1.73	45
Rosneft	oil and gas		4.48	11
Rostelekom	telecommunications		0.55	32
RUSAL	aluminum		0.63	16
RusHydro	Electricity supplier		0.39	19th
Sberbank	Banks		14.27	48
Sberbank Vz.	Banks		1.24	100
Severstal	steel		1.33	20th
Surgutneftegas	oil and gas		3.52	25th
Surgutneftegas Vz.	oil and gas		1.66	73
Tatneft	oil and gas		4.01	32
Tatneft Vz.	oil and gas		0.71	100
TCS Group	Finances		1.18	89
TMK	Tube		0.25	30th
Transneft Vz.	Pipeline operator		0.74	32
Unipro	Electricity supplier		0.24	16
United Wagon Company	Rail vehicle construction		0.21	26th
VTB	Banks		1.36	27
X5 Retail Group	retail trade		2.01	41
Yandex	Internet		4.69	96

Web links

• RTS Exchange, description (English)
• Current price on the Moscow Stock Exchange
• Index at Bloomberg
• Index at Yahoo

Individual evidence

1. ^ RTS Exchange: Historical prices from 1995
2. ↑ ^{a b c d} Stooq: Historical prices from 1995
3. ↑ ^{a b} Yahoo: Historical prices from 2004
4. ↑ RTS index since 1995. Accessed January 21, 2020 . 
5. ^ RTS Index: Constituents