VGC is one of three Vietnamese stocks added to the MSCI Frontier Market Index

02:19 | 14/11/2018

(Cafef.vn) DHG, VGC, and YEG are added to the MSCI Frontier Markets Small Cap Index, while NTP is eliminated. MSCI has just released a quarterly listing of MSCI Frontier Markets Small Cap Indexes and the MSCI Frontier Market Index.

The MSCI Frontier Markets Small Cap Index has just added 12 new stocks to its portfolio, including three Vietnamese stocks namely DHG, VGC and YEG. In the opposite direction, 21 stocks were removed from the MSCI Frontier Small Cap Index, including one Vietnamese stock, NTP.

It should be noted that the MSCI Frontier Markets Small Cap Index are reference indexes and have no real buying/selling value. However, there is also an opportunity for these stocks to be considered for listing on the iShares MSCI Frontier 100 ETF fund in the next financial year.  


 

DHG, VGC, and YEG are added to the MSCI Frontier Markets Small Cap Indexes, while NTP is eliminated 

In addition, the basket has just also added 6 new stocks to its list but also removed other 6 stocks. In particular, no Vietnamese stocks were added or excluded during this period.

After the restructuring of Q4, the number of stocks in MSCI Frontier Markets Index remained unchanged at 115, including 11 Vietnamese stocks which are VIC, MSN, VCB, HPG, STB, BVH, GAS. , BID, VNM, ROS, SAB. 


Vietnam ranked second largest in the MSCI Frontier Market Index 

According to a report on 28th September, Vietnamese stocks accounted for 16.85% of the MSCI Frontier Index basket, behind Kuwait with 21.5%. Of which, VNM was the third largest stock in the portfolio with 3.59%, followed by two stocks from Kuwait.. 

Original link: http://cafef.vn/3-co-phieu-viet-nam-duoc-them-moi-vao-ro-chi-so-msci-frontier-market-index-20181114093607931.chn

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