S&P GSCI Recovers 5.56% in February on a Broad Based Rally

NEW YORK, March 2 /PRNewswire/ -- Standard & Poor's, the world's leading index provider, announced today that the S&P GSCI increased 5.56% in February after falling 7.89% in January. The Index was led higher during the month by energy, as the S&P GSCI Energy Index gained 6.92% in February.

"Despite a 1.13% increase in the U.S. Dollar Index, the S&P GSCI experienced broad based strength in February as the energy sector, in particular crude oil, propped up the Index's return during the month," says Michael McGlone, Director of Commodity Indexing at S&P Indices and author of the Market Attributes Commodities posted monthly to www.spgsci.standardandpoors.com.  "Crude oil was the leading energy commodity in February increasing 8.71%, as determined by the GSCI Crude Oil Index."

The S&P GSCI Industrial Metals Index was the second best performing sector index in February with a 5.64% gain, led by a 14.31% monthly increase in the S&P GSCI Nickel Index. The S&P GSCI Precious Metals Index increased 3.1% in February for a year-to-date gain of 1.51%.  

Strong overseas demand boosted lean hogs, leading the S&P GSCI Livestock Index to register a February gain of 3.91%.  Year-to-date, the Index is up 3.06%.  

A sharp decline in sugar prices pressured the S&P GSCI Softs Index to post a February decline of 8.42%, resulting in a modest monthly gain of only 0.13% in the S&P GSCI Agriculture Index despite strength in the grains.

The S&P GSCI is the most closely followed benchmark for investment performance in the commodity markets. For more information on the S&P GSCI, please visit: www.spgsci.standardandpoors.com.

    
    
    S&P GSCI Analysis for February 26, 2010                           
    --------------------------------------- 
                              
                                     Weight    Value     MTD     QTD     YTD  
    S&P GSCI Index                    (%)    2/26/2010 Change  Change  Change 
    --------------                    ---    --------- ------  ------  ------ 
    S&P GSCI                         100.00%   4408.36   5.56%  -2.77%  -2.77%
    S&P GSCI Energy Index             70.21%    992.70   6.92%  -2.31%  -2.31%
    S&P GSCI Petroleum Index          65.90%   2149.92   7.86%  -1.54%  -1.54%
    S&P GSCI Non-Energy Index         29.79%   2231.62   2.49%  -3.86%  -3.86%
    S&P GSCI Industrial Metals Index   8.22%   1642.42   5.64%  -3.78%  -3.78%
    S&P GSCI Precious Metals Index     3.14%   1445.57   3.10%   1.51%   1.51%
    S&P GSCI Agriculture Index        13.86%    571.74   0.13%  -7.11%  -7.11%
    S&P GSCI Livestock Index           4.58%   2110.77   3.91%   3.06%   3.06%
    S&P GSCI Softs Index               4.76%     84.37  -8.42%  -5.25%  -5.25%
    S&P GSCI Enhanced Index                     616.03   4.84%  -2.98%  -2.98%
    S&P GSCI Capped Component 35/20             164.39   3.59%  -3.85%  -3.85%
    S&P GSCI 3 Month Forward Index              578.34   5.36%  -2.83%  -2.83%
    -------------------------------             ------   ----   -----   ----- 
                                                                      
                                                                      
                                          YTD       YTD     3-MO.   12-MO   
    S&P GSCI Index                        High      Low    Change  Change   
    --------------                        ----      ---    ------  ------   
    S&P GSCI                            4735.24    4079.47  -2.35%  27.97%  
    S&P GSCI Energy Index               1066.16     913.52  -2.44%  32.19%  
    S&P GSCI Petroleum Index            2286.04    1947.32  -2.14%  40.49%  
    S&P GSCI Non-Energy Index           2397.87    2092.23  -2.20%  19.59%  
    S&P GSCI Industrial Metals Index    1797.19    1455.92   2.70%  80.04%  
    S&P GSCI Precious Metals Index      1504.73    1353.78  -6.66%  18.47%  
    S&P GSCI Agriculture Index           632.95     549.31  -5.27%   6.76%  
    S&P GSCI Livestock Index            2110.77    1996.51   2.56%  -5.32%  
    S&P GSCI Softs Index                  93.36      83.91   4.52%  38.69%  
    S&P GSCI Enhanced Index              660.63     572.60  -3.05%  29.95%  
    S&P GSCI Capped Component 35/20      178.17     155.00  -2.16%  19.94%  
    S&P GSCI 3 Month Forward Index       620.40     536.78  -2.78%  29.63%  
    ----------------                     ------     ------  -----   -----   
    
    Source: S&P Indices
    

About S&P Indices

S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P Global 1200, a composite index comprised of seven regional and country headline indices, the S&P Global BMI, an index with approximately 11,000 constituents, and the S&P GSCI, the industry's most closely watched commodities index.  For more information, please visit www.standardandpoors.com/indices.  

About Standard & Poor's

Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com

SOURCE Standard & Poor's

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