[Vnbiz] DOW JONES AIMS TO LIST VIETNAM INDEX
Tai Phan
k.phan007 at gmail.com
Wed Jan 23 05:53:31 PST 2008
*
* Monday January 21, 2008, 3:16 pm
HANOI, Jan 21 Asia Pulse - Dow Jones Indexes spokeswoman Sybille Reitz said
yesterday the company was looking into incorporating Vietnam into its global
listing of stock indexes.
"Vietnam is on our priority list for market expansion," Reitz said during a
visit to Vietnam.
On Thursday and Friday Reitz visited the offices of Dau Tu (Investment) and
Vietnam News newspapers.
International investors are looking to diversify their investment portfolios
by investing in emerging markets such as Vietnam.
Therefore, Dow Jones Indexes is considering more active participation in the
market, she said.
Dow Jones, a subsidiary of News Corp, offers 130,000 equity indexes, as well
as fixed-income, alternative and portfolio indexes, from 58 countries.
The indexes are classified by sector, such as industrials, transportation
and utilities.
The stocks are also grouped into "growth" stocks and "value" stocks: Growth
stocks usually demonstrate higher growth in revenues, sales, profits and
cash flow and are more likely to reinvest profits than pay dividends. Value
stocks, on the other hand, tend to have relatively low price-to-earnings and
price-to-book ratios and are more apt to pay dividends.
Based in the US, Dow Jones Indexes has offices in China, Hong Kong and
Singapore.
(VNA)
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