Developing a New Stock Index for Vietnam’s Securities Market

Tóm tắt

Stock market index plays an important role as a measure of development of securities markets of a country or a region. Results of this empirical research show that in its 13 years of development, Vietnamese securities market indexes only had limited values because of their poor market representation and predictive power, implying the need to merge Hà Nội and HCMC stock exchanges. The research suggests a new set of stock market indexes to deal with shortcomings of existing indexes, thereby providing relevant entities with a new view on development of securities market in Vietnam.http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=a8c1901d-16a9-453d-8115-fd39787123e8