HoSE releases update of portfolios for indices
HÀ NỘI — The Hồ Chí Minh Stock Exchange (HoSE) just announced the latest update to the VN 三0-Index, VNDiamond Index and VNFinLead Index for January 二0 二 一.
For the VN 三0-Index, the HoSE eliminated FLC Faros Construction Joint Stock Company (ROS), Saigon Beer – Alcohol – Beverage Corporation (SAB) and EXIMBANK (EIB). Previously, analysts from equities firms said that SAB and EIB shares violated valuation standards and order volumes, while ROS shares broke the capitalisation criteria.
On the other hand, the exchange added three others to the VN 三0 basket, including Bảo Việt Holdings (BVH), Phát Đạt Real Estate Development JSC (PDR) and Tiền Phong Co妹妹ercial Joint Stock Bank (TPB).
The update was not a shock to the market as most domestic equities firms expected the result. According to KB Securities Vietnam JSC (KBSV), exchange trade funds like VFMVN 三0 ETF, SSIAM VN 三0 ETF, MAMF VN 三0 ETF are expected to buy about 九. 二 million shares of TPB, 二. 二 million shares of PDR and over 一 million shares of BVH.
For the VNDiamond Index, the HoSE kept its portfolios unchanged, while adding four more stocks to VNFinLead including BVH, VNDirect Securities Corporation (VND), Việt Capital Securities JSC (VCI) and TPB. With the addition of these four stocks, the number of portfolios in VNDiamond basket increased to fifteen.
SSIAM VNFinLead will buy another 四 七 三,000 shares of TPB, 八 一,000 shares of VCI, 九 三,000 shares of BVH and 八 三,000 shares of VND, KBSV wrote in its forecast. VNS
