MSCI has announced changes to its Small Cap Index, with five Vietnamese stocks – PAC, HHP, LIX, NT2, and VFG – being added to the index. Notably, NT2 has been transferred from the MSCI Frontier Markets Index. Conversely, two stocks, PTB and TNH, have been removed from the index.
A bank stock has been added to the MSCI Frontier Market Index
Following the August review, the Small Cap Index now includes 14 new stocks, bringing the total number of stocks in the portfolio to 384.
Source: MSCI
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As of July 31, 2024, Vietnamese stocks continue to have the highest weightage in the Small Cap Index, accounting for 34.76%. Bangladesh follows with 18.52%. Among the top 10 stocks by weightage, Vietnam’s Dabaco (DBC) ranks eighth.
Source: MSCI
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Source: MSCI
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These changes will take effect after the market closes on August 30, 2024. The next review will be held on November 6, 2024, CEST (UTC +1, Central European Time), which is the early morning of November 7, 2024, in Vietnam.
MSCI Welcomes 5 Vietnamese Stocks to Frontier Markets Small Cap Index
During the Q1 2024 review, which took place on the morning of February 13, 2024, a total of 41 stocks were added and 21 stocks were removed from the MSCI Frontier Markets Small Cap Index. Vietnam contributed 5 new stocks, while 3 stocks went in the opposite direction.
FTS, NKG, SJS included in MSCI Frontier Market Index
The results of the February review, which took place in the early morning of February 13, 2024 (Vietnam time) by MSCI, saw 9 securities being added and 11 securities being removed from the MSCI Frontier Market Index basket. Among the securities added, there are 3 securities from Vietnam.
