Pham Quang Huy, general director of PetroVietnam Securities Co (PSI) has lately stated that the PVN Index was supposed to be released to public in June. Accordingly, the PVN Index would be the measurement scale reflecting business performance of member companies under National Oil and Gas Group (PetroVietnam) that have listed shares on the stock markets (HNX, STC and UPCoM), with base level of 1,000 points, and base date of December 31, 2008.
The PVN Index would consist of over 80 indexes, to be calculated with the stock price in four currencies of dong, US dollar, Euros and Japanese yens. Of which the PVN10 Index would be built on the basis of ten large cap share codes with highest liquidity in the current stock markets, including DPM, PVX, PVD, PVS, PVF, PGS, PVI, PVG, PET and PVC.
Up to May 25, the PVN10 Index stood at 871.12 points.