MSCI adds ROS, SAB to iFrontier Markets Index

13.02.2017

US-based MSCI Inc. has added two Vietnamese stickers — ROS (FLC Faros Construction JSC) and SAB (Saigon Beer Alcohol Beverage Corp) — to its basket for calculation of the MSCI Frontier Markets Index

This was reported by Reuters on Friday.

No stocks were deleted.

MSCI Frontier Markets Index is the underlying index for the MSCI Frontier Markets Index ETF, which invests in securities in emerging markets.

Therefore, following the first quarterly review in 2017, the number of constituents of the MSCI Frontier Markets Index will increase to 126. Among them are 11 Vietnamese securities — VIC, MSN, VCB and HPG, as well as STB, GAS, BVH and BID, along with VNM and two newcomers ROS and SAB.

Meanwhile, no changes were made to the MSCI Frontier Markets Smallcap Index in the latest review. In the previous review, three Vietnamese stocks — NTP, VSC and VHC — were added to the index.

All the changes will take effect as of the close of February 28, 2017, MSCI said in a statement.

ROS‘ stock increased 0.80 per cent to close at VND135,400 (US$5.96) per share on February 9. The stock went up 0.51 per cent during the break in February to VND136,100 đồng per share. 

Source: Vietnam.net

Photo: CBR Investment AG