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The review, conducted twice a year (in April and October), compiled data for 12 months on March 31. The adjustment of the index system will take effect from May 5. — File Photo
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Ha Noi (Biz Hub) — The Ha Noi Stock Exchange yesterday reported the regular review of its index system, including the HNX 30 Index, HNX FF Index, HNX size-based indices and HNX sector indices.
The review, conducted twice a year (in April and October), compiled data for 12 months on March 31. The adjustment of the index system will take effect from May 5.
With regard to the HNX 30 Index which tracks the top 30 shares by market value and liquidity on the bourse, the exchange added five stocks in the new basket, including PetroVietnam Construction Co (PVX), KLF Joint Venture Global Investment (KLF), Hai Minh Corp (HMH), Doan Xa Port (DXP) and Tay Ninh Cable Car Tour (TCT).
The five stocks being removed are PV Power Land (PVL), Song Hong Construction (ICG), PetroVietnam Engineering Consultancy (PVE), IDJ International Financial Investment & Enterprise Development (IDJ) and Vinacomin – Nui Beo Coal (NBC).
The HNX 30 Index, opened on December 2, 2013, with the base point of 100, closed at 122.62. By the end of March 2014, the Index reached 184 points, up 50 per cent over the first trading day, the highest increase in the index system in this review.
Meanwhile, there was no adjustment in the HNX FF Index, the price index which is calculated based on free float adjusted market capitalisation of all companies listed on the Ha Noi Stock Exchange. The free-float ratio is equal to 5 per cent or more.
The index is expected to have 376 shares next month. In April, three companies debuted shares, including Mineral Ferrous Metallergy (KSK), Ninh Binh Phosphate Fertiliser (NFC) and Central Hydropower (CHP) while two will be delisted by the end of April - Network Infrastructure Service (NIS) and Song Da 19 Co (SJM).
The HNX FF Index was launched on December 2, 2013, with a close on 65.19 points. Closing March 31, the index ended at 90.45 points, up 38.75 per cent.
The HNX sized-based indices comprises HNX Large Cap Index and HNX Mid/Small Cap Index. The HNX Large Cap Index includes the top 50 stocks by market value for the last six months. The HNX Mid/Small Cap Index comprises stocks which are eligible securities and not included in the HNX Large Cap Index.
Five stocks were removed from the HNX Large Cap Index this time - DANA-Y Steel (DNY), Ninh Binh Thermal Power (NBP), PVE, PetroVietnam Premier Recreation (PVR) and Vinacomin – Deo Nai Coal (TDN).
The newly-added five stocks were Petrovietnam General Distribution Services (PSD), KLF, Hudland Real Estate Investmnet and Development (HLD), Asia - Pacific Investment (API) and FIT Investment (FIT).
The HNX Sector Indices include HNX Manufacturing Index, HNX Construction Index, HNX Financials Index and also is calculated based on the free-float ratio of the stocks according to the selection criteria of the index. These three industry indexes opened on December 2, 2013. By the end of March, the manufacturing index rose 31.91 per cent, the construction index increased 48 per cent and the financial index climbed 43 per cent. — VNS