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S&P Launches Focused Vietnam Equities Index

IndexUniverse Staff (September 22nd, 2008) Writes:
The narrow-based index covers just the 10 largest and most liquid stocks trading in Vietnam. Standard & Poor's has launched the S&P Vietnam 10 Index, covering the largest and most liquid companies in Vietnam. The index adds to S&P's existing set of Asian equity indexes targeting some of the biggest names and biggest markets. S&P offers an index on the 50 largest stocks on the National Stock Exchange of India, the S&P NCX Nifty; the S&P HKex LargeCap, which targets the 25 largest Hong Kong-traded stocks; and indexes for Chinese stocks based outside mainland China through its S&P/CITIC China 30 and S&P/CITIC China 50 indexes. Vietnam has previously only been covered by S&P in broad-based Asia indexes. FTSE already offers two indexes covering stocks that trade on the Ho Chi Minh Stock Exchange; the FTSE Vietnam All-Share Index, covering 90% of the stock universe; and the more narrow FTSE Vietnam Index. The top five ...

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