VNStockNews.com - Hochiminh Stock Exchange (HOSE) said it will introduce Index 30 from early October to better reflect real movements in Vietnam stock market.
The project is an urgent need as current VN Index was seriously driven by heavy-weighed blue chips especially the triple BVN, MSN, and VIC whose combined weigh accounts for 30% (market cap) on HOSE.
Index 30 comprises of 30 listed blue chips on the bourse.
Tran Dac Sinh, General Director of HOSE said that the agency was collecting advices from securities companies, financial institutions, securities experts on the index.
HOSE will hold a conference to seek opinion on the index to complete building the index before submitting to the State Securities Commission (SSC) for approval.
