Stock indices of emerging markets by results of December 6, 2011

/IRBIS, December 7, 2011/ -Following the results of the auctions on December 6, values of indexes of share platforms of developing countries (Emerging Markets) are as follows: ---------------------------------------------------- Change (in %) for ------------------------ beginning Hist. Dec 6 1 day* 1 month of 2011 maximum** ------- --------- ------ ------- --------- --------- Bovespa 59,536.16 +1.06 +1.48 -14.90 73,516.82 PFTS 618.66 +0.44 +12.07 -37.37 1,208.61 MerVal 2,615.58 -0.93 -5.28 -27.92 3,664.82 MICEX 1,457.90 -3.95 -2.88 -14.94 1,969.91 RTS 1,485.67 -4.72 -3.68 -17.56 2,487.92 MSCI EM 953.50 -1.31 -3.65 -18.05 1,338.49 KASE 1,148.36 +1.15 -0.87 -32.50 2,876.17 ---------------------------------------------------- * rows sorted in descending order a day ** historic maximum for the whole history of index calculation Stock indexes of emerging markets on Tuesday closed the day with mixed change. Pressure was put by the message that the international rating agency Standard & Poor's placed on the list for review with the possibility of lowering the credit ratings of 15 euro area countries, including France and Germany. As stated by S & P, the agency will complete the review of credit ratings of the euro area immediately after the summit of EU leaders, scheduled for 08/09 December. However, as agency indicated, credit ratings on Austria, Belgium, Germany, Luxembourg, the Netherlands and Finland may be lowered by 1 step, the remaining countries - two steps. The above rating action, according to S & P, was due to the negative impact the current turmoil in the financial sector in the region on the sovereign ratings of states. In addition, S & P placed on the list to review with the possibility of lowering the credit rating of the European Foundation for Financial Stability (EFSF). Against this negative background, some support was provided by investors' expectations for the forthcoming summit of EU leaders December 08/09, investors hope that on this meeting concrete and effective measures to tackle the crisis in the region will be taken. Before the summit, the leaders of France and Germany held a meeting, on which agreed to take concerted actions on the structural reforms in Europe. According to French President Nicolas Sarkozy, the two largest economies in the region are going to propose to the EU position whereby countries with high budget deficit will be automatically sanctioned. This and other proposals of Sarkozy and Merkel will be sent to the head of the European Council Herman van Rompuy December 7. Bovespa (IBOV Index) - the index of 50 stocks that are traded on the stock, commodity and futures exchanges in Sao Paulo, The index is calculated on the basis of changes in the theoretical portfolio of shares, Constituting 80% of the total trade over the past 12 months and at least 80% of the volume of trades of the day, BSE Sensex - the index based on a weighted average of the 30 most liquid stocks listed on the Bombay Stock Exchange (BSE), MERVAL Index - main index of the Buenos Aires stock market, calculated as the weighted average market value of a stock portfolio, selected according to their market share, number of transactions and value, PFTS Index - the index is calculated daily on the results of bidding Ukrainian PFTS stock exchange on the basis of weighted average price of transactions, The "index basket includes the most liquid stocks, which performed the greatest number of transactions, MICEX Ind - main index of the Moscow Interbank Currency Exchange, including the 30 most liquid stocks of Russian issuers, RTSI - Russia's stock market index Stock Exchange RTS, Calculated on the basis of 50 securities of most capitalized Russian companies, MSCI EM - a composite index of stock market capitalization of emerging markets areas, Since May 2005, includes the index values 26 developing countries: Argentina, Brazil, Chile, China, Colombia, Czech Republic, Hungary, Egypt, India, Indonesia, Israel, Jordan, Korea, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Thailand, Taiwan, Turkey and Venezuela, KASE Index - the index of the market shares of the Kazakhstan Stock Exchange, representative list of KASE index includes 7 shares, [2011-12-07]