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Underperfoming stocks removed from HNX30-Index

Oct 25th at 13:47
25-10-2013 13:47:46+07:00

Underperfoming stocks removed from HNX30-Index

Five shares will be removed from the HNX30-Index from the beginning of November due to prolonged under-performance.

 

The codes in question are PetroVietnam Construction Corporation (PVX), Ocean Hospitality and Service (OCH), Generalexim (TH1), PV2 Investment Company (PV2), and Vinaconex (PVV).

The HNX30-Index is composed of the northern bourse's top shares by capitalisation and liquidity.

PVX was under surveillance due to two consecutive years of losses, while the four others suffered low liquidity, with average trading volume reaching only 7,000 to 190,000 shares.

Those shares will be replaced by members of Song Da Group including Song Da 10 (SDT), Song Da 9 (SD9), Song Da 6 (SD6), and Nha Be Garment and Textile (NBC) and Ha Noi Education Development And Investment (EID).

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