HOSE adds new stocks VRE and HDB to VNDiamond basket in October

The HOSE list announced on the morning of October 17 recorded the addition of VRE shares of Vincom Retail Joint Stock Company and HDB shares of Ho Chi Minh City Development Joint Stock Commercial Bank. Thus, in this restructuring, the VNDiamond index basket added two new stocks, HDB and VRE, while DHC was eliminated. The number of stocks in the VNDiamond basket increased to 18 securities codes.

This development also coincides with the forecast of many analysis departments at securities companies. Previous comments also predicted that the VNDiamond basket would add VRE because this code has met some criteria and to ensure the diversity of non-financial groups when the capitalization ratio limit of 40% is applied.

Based on updated HOSE data and closing data on October 16, it is estimated that HDB will account for 1.63% and VRE will account for 1.69% in the VNDiamond Index portfolio after this restructuring period.

In the market, there are 3 ETF funds using the reference index VNDiamond including DCVFM VNDiamond ETF (FUEVFVND), MAFM VNDIAMOND ETF (FUEMAVND) and ETF BVFVN DIAMOND (FUEBFVND).

According to estimates, the DCVFM VNDiamond ETF fund will buy 17.4 million new HDB shares and 11.9 million VRE shares to add to the portfolio during this restructuring period. At the same time, some stocks with increased weight in the basket will also be added, such as MSB (15.9 million shares), TCB (7.9 million shares) or OCB (4.4 million shares).

On the other hand, the DCVFM VNDiamond ETF fund sold all 701 thousand DHC shares due to being removed from the portfolio. At the same time, this fund also sold 8.2 million MBB shares, 7 million VPB shares, 4.2 million TPB shares and 4.1 million FPT shares.

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