On March 1, 2024, FTSE is expected to announce the composition of the FTSE Vietnam All-share and FTSE Vietnam Index.
For the FTSE Vietnam 30 Index (ETF Fubon reference), the first quarter of 2024 evaluation is also approaching. March 15, 2023 is expected to be the date for the completion of the full restructuring of the portfolios of the ETFs referencing these benchmarks.
BSC predicts the stock portfolio and the number of shares to be bought/sold for the ETFs referencing these indexes as follows: FTSE Vietnam 30 Index (ETF Fubon reference): FTSE Vietnam 30 is expected to remove the stock SBT and add NVL.
FTSE Vietnam Index (ETF FTSE reference) FTSE Vietnam is expected to make no additions/removals to the stock portfolio, noting that the stock FRT may be considered for addition while meeting the criteria of market capitalization. The values may be distorted due to the effective date of data, free-float ratio, and investment weight.
It is expected that NVL will be the most purchased stock with 19.5 million shares; followed by HCM with 7.5 million shares; HPG with 5.1 million shares; STB with 4.8 million shares; VRE with 4.6 million shares; PDR with 4.1 million shares. Several other stocks are also being added, such as BVH, VIC, VHM, POW, VGC…
On the other hand, SBT is being sold off entirely with 19.4 million shares, SSI is being sold off with 7.3 million shares, KBC is being sold off with 5.4 million shares; SHB is being sold off with 4.6 million shares, GEX is being sold off with 3.3 million shares along with a number of other stocks being sold off to reduce their weightings, such as DIG, VNM, SHB, PVD, HSG, VJC, MSN, VCB, DPM, DGC…
