The Ho Chi Minh City Stock Exchange (HoSE) has announced new regulations for the investment index of modern industrial and technology stocks (VNMITECH). The index will include 30 to 50 selected stocks from VNAllshare Materials, VNAllshare Industrials, and VNAllshare Information Technology that meet specific criteria. Stocks must have a minimum free-float adjusted market capitalization of 1.5 trillion VND and an average daily trading value of at least 20 billion VND. If less than 30 stocks qualify, others with the largest market capitalization will be added. Currently, VNAllshare Materials has 42 stocks, VNAllshare Industrials has 74, and VNAllshare Information Technology only has 5 stocks (including FPT). The index constituents will be revised biannually in January and July. VNMITECH is calculated based on adjusted market capitalization and is reported every 5 seconds on trading days. The total return index VNMITECH TRI reflects price fluctuations and dividend value.
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