The Ho Chi Minh City Stock Exchange has announced in a Facebook post that it will revamp the VN-30 Index. The changes are detailed in Decision 747/QD-SGDHCM and will take effect from March.
Changes to the index include:
- The VNAllshare index will see trading volume and value limits increased. Specifically, the minimum trading volume of shares will increase from 100,000 to 300,000 and the minimum value of trades will be raised from VND 10 billion to VND 30 billion;
- The VN30 index will have an industry cap applied of 40 percent; and
- Key indexes will be reviewed and updated quarterly as opposed to half-yearly currently.
See also: Vietnam’s Stock Market Indexes