The Hanoi Stock Exchange has decided to remove Bim Son Cement JSC (BCC), Doan Xa Port (DXP), Education Development and Investment JSC (EID), and PetroVietnam Construction Co (PVX) out of its HNX 30 Index Basket.
The decision came after the October regular review on the adjustment of the index system and will come into effect on November 3 this year.
Among the removers, PVX and DXP were earlier added to the basket in the April review.
Substitutes for them are Song Hong Construction JSC (ICG), Hudland Real Estate Investment and Development (HLD), FIT Investment (FIT) and PetroVietnam Coating JSC.
The HNX 30 Index opened on July 9, 2012, with the base point of 132.07 points, and closed at 173.93 points on July 16, 2014.
The index review is carried out in April and October annually, focusing on considering conditions to keep stocks in the current basket and selecting substitutes.
After the adjustment, the new basket consists of at least 25 stocks from the old basket and five new ones.
Updated information on the reviewed financial statement and disclosure of information on corporate operations are also considered to remove certain stocks from the basket.-VNA
The decision came after the October regular review on the adjustment of the index system and will come into effect on November 3 this year.
Among the removers, PVX and DXP were earlier added to the basket in the April review.
Substitutes for them are Song Hong Construction JSC (ICG), Hudland Real Estate Investment and Development (HLD), FIT Investment (FIT) and PetroVietnam Coating JSC.
The HNX 30 Index opened on July 9, 2012, with the base point of 132.07 points, and closed at 173.93 points on July 16, 2014.
The index review is carried out in April and October annually, focusing on considering conditions to keep stocks in the current basket and selecting substitutes.
After the adjustment, the new basket consists of at least 25 stocks from the old basket and five new ones.
Updated information on the reviewed financial statement and disclosure of information on corporate operations are also considered to remove certain stocks from the basket.-VNA
