HOSE added VRE and HDB stocks to the VNDiamond basket in October.

VNDiamond added two new stocks, HDB and VRE, while DHC was removed. Graphic: Duc Manh

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

This development also coincides with the forecasts of many analytical departments at securities companies. Previous assessments also predicted that VNDiamond's basket would add VRE because this stock met certain criteria and to ensure diversification of the non-financial sector when the 40% capitalization weight limit is applied.

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

Currently, there are three ETFs on the market that use VNDiamond as their benchmark index: DCVFM VNDiamond ETF (FUEVFVND), MAFM VNDIAMOND ETF (FUEMAVND), and BVFVN DIAMOND ETF (FUEBFVND).

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

Conversely, the DCVFM VNDiamond ETF fund sold all 701,000 DHC shares due to their removal from the portfolio. At the same time, the fund also sold 8.2 million MBB shares, 7 million VPB shares, 4.2 million TPB shares, and 4.1 millionFPT shares.

Source: https://laodong.vn/kinh-doanh/hose-them-moi-co-phieu-vre-va-hdb-vao-ro-vndiamond-thang-10-1255516.ldo