Vietnam realty stock TCH added to FTSE Vietnam Index

Global index provider FTSE Russell has incorporated the stock of real estate developer Hoang Huy Investment Financial Services JSC (HoSE: TCH) into its FTSE Vietnam Index, according to its second-quarter review.

Following the TCH inclusion, FTSE Vietnam Index will have 28 constituents, with changes valid as of the close of June 21.

FTSE has also added three tickers to the FTSE Vietnam All-Share Index: CMG of CMC Corporation, PVT of Petrovietnam Transportation Corporation, and CTR of Viettel Construction Joint Stock Corporation.

Earlier, BSC Research forecast that FTSE ETF, which tracks the FTSE Vietnam Index, would buy 4.7 million shares of TCH.

After FTSE, MarketVector is scheduled to announce its review of the MarketVector Vietnam Local Index on June 15 (Vietnam time).

SSI Research has predicted that MarketVector could incorporate EVF of EVN Finance and CTR into MarketVector Vietnam Local Index, raising its total constituents to 46.

Earlier, in its May review report, MSCI removed the stock of Nam Long Investment Corporation (HoSE: NLG) from its MSCI Frontier Markets Index. It added nine to and deleted five tickers from the index. After the review, the index will have 213 constituents as of the close of May 31.