Chủ đề: New gauge of investor confidence
-
19-06-2009, 12:19 PM #1thammyauviet Guest
Bien Viet Securities Co. has joined forces with South Korea-based Woori Investment & Securities Ltd to develop an index on investor confidence in the domestic stock market.
The Investor Confidence Index would be a quantitative tool which would measure the buying and selling patterns of domestic and overseas investors who execute securities trades on the domestic market, with half of the index weighted towards an examination of price-to-earnings ratios relative to the yields of 10-year Government bonds. The index would be set at a base point of 100.
"If the index is higher than 100 points, it would show confidence growing stronger and investors increasing allocation of assets to equities," explained Bien Viet director Vu Duc Nghia. "Meanwhile, investor confidence would be more negative towards securities investment if allocations to this investment channel slowed, and the index would fall below 100."
For instance, Nghia said, the Investor Confidence Index in May was measured at 109.19, signalling the return of domestic investors to a more risk-taking attitude. "This was a very good sign for the stock market after eight months on hiatus."
Meanwhile, the index measured foreigners at 97.21. "While the risk tolerance of domestic investors has increased to the point where they are more confident to add high-risk assets to their portfolios, the same may not be said of overseas investors who, while more confident than in recent months, continue to be ambivalent."
View more random threads:
- SPC: Notice of record date for dividend payment in cash
- Hoa Sen hotel project awarded to Kinh Bac
- Bad news pull back securities
- Stocks drop to near 515 points
- Foreign funds pull rug out from under market
- Forum seeks to develop merger and acquisition
- MCO: Result of transactions of Directors, PDMR (Mr.Hoang)
- City shares rise with 4.38 per cent GDP growth (29/6)
- TNG: New principal shareholder (Asean Small Cap Fund)
- Shares up in HCM City, down in Ha Noi on sluggish trades
Các Chủ đề tương tự
-
Investor confidence keeps market on high note
Bởi trong diễn đàn STOCKs TRADING IN HNXTrả lời: 0Bài viết cuối: 15-10-2009, 08:26 AM -
Investor confidence lifts shares
Bởi dalieusaigon425 trong diễn đàn STOCKs TRADING IN HNXTrả lời: 0Bài viết cuối: 12-10-2009, 07:22 AM -
HCMC shares down again as investor confidence dries up
Bởi trong diễn đàn STOCKs LISTED IN HoSETrả lời: 3Bài viết cuối: 26-11-2008, 10:50 AM -
Investor confidence rises with quarterly profit
Bởi trong diễn đàn STOCKs TRADING IN HNXTrả lời: 0Bài viết cuối: 16-10-2008, 06:42 AM -
Investor confidence key to restoring market
Bởi imported_namanh trong diễn đàn STOCKs LISTED IN HoSETrả lời: 0Bài viết cuối: 19-05-2008, 05:13 AM
Ngọc Bích xanh bản chất thuộc dòng đá đá hoa (jade). Và đá hoa là tên gọi chung của ngọc bích. Vì thực chất chúng thuộc dòng đá đa khoáng được hình thành từ chất Silicat dưới dạng dioxy. Ngọc bích...
Tìm hiểu Vòng tay ngọc bích xanh...