What is VN30?
The operating form of vn30 is the underlying asset for future ETF and index derivative products.
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How to calculate index Vn30
The VN30 index is calculated based on 03 criteria: market capitalization, free-float exclusion rate and trading volume. The VN30 index has a calculation frequency of 1p/time and is reviewed every 6 months in July and January every year in order to make changes and filter a basket of 30 stocks that meet the criteria to enter the vn30 group. The put-through shares are still included in the vn30 index calculation
The formula for calculating the index vn30
Criteria for selecting stocks in the VN30 stock basket
There are 3 standard steps that have been published in selecting qualified stocks in the index basket
B1: Screening for capitalization value.
The group of stocks that satisfy the conditions to participate in the VN30 index calculation are arranged in descending order according to the average daily capitalization value of 06 months without free-float adjustment. The 50 stocks with the highest market capitalization will be selected from the top down, and the best 30 stocks will be selected.
B2: Screening for free-float.
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The free-float ratio is the ratio of the volume of freely transferable shares to the volume of shares outstanding in the market.
Stocks with free-floatB3: Liquidity screening.
After step 2, the set of remaining stocks that meet the requirements will be sorted in descending order of average daily trading value for 6 months.
The meaning of the index Vn30
Describe the performance of stocks with high liquidity and capitalization
VN30 is considered the representative of blue-chip stocks. Highly attractive to foreign investors and long-term spice investors. Because of the characteristics of large enterprises with good financial health and efficient business operations, these stocks often receive great attention from investment blocks.
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Description of industry leaders in different fields
With the criteria of stock screening, in order to enter the basket of 30 stocks of vn30, the companies are all leading the industry in a field. Movements in the free-float ratio adjustment show the firm’s internal performance relative to other firms in the industry. If the operation is not effective, it will be easy to be eliminated when there are businesses in the same or different industries removed from the stock basket.
Describe the interest of investment blocks in key areas
Since its appearance, the vn30 indexes have continuously “changed blood”, because of liquidity and investment movement, stocks showing signs of decreasing liquidity, are considered to leave this basket of 30 stocks, showing the the group of investment capital in stocks has been shifted to invest in other fields or groups of stocks in the same industry.
List of stocks in VN30 basket in 2019
|STT||Code||Company name||Volume of outstanding shares||Listed stock volume||Authorized capital|
|first||CII||Ho Chi Minh City Technical Infrastructure Investment Joint Stock Company||247.713||283.043||2,830.00|
|2||CTD||COTECCONS Construction Joint Stock Company||76,379||79.255||792.00|
|3||CTG||Joint Stock Commercial Bank for Industry and Trade of Vietnam||3.723.405||3.723.405||37,234.00|
|4||DHG||Hau Giang Pharmaceutical Joint Stock Company||130,746||130,746||1,307.00|
|5||DPM||PetroVietnam Chemicals and Fertilizer Corporation – Joint Stock Company||391,334||391,400||3,914.00 won|
|6||EIB||Vietnam Import Export Commercial Joint Stock Bank||1,229,433||1.235.523||12,355,00|
|8||GAS||Vietnam Gas Corporation – Joint Stock Company||1,913,950 won||1,913,950 won||19,139.00|
|9||GMD||GEMADEPT . Joint Stock Company||296,925||296,925||2,969.00|
|ten||HDB||Ho Chi Minh City Development Commercial Joint Stock Bank||981,000 won||981,000 won||9.809.00|
|11||HPG||Hoa Phat Group Joint Stock Company||2,761.074||2,761.074||27,610.00|
|twelfth||MBB||Military Commercial Joint Stock Bank||2.113,398||2,160,451||21,604.00|
|13||MSN||MaSan Group Joint Stock Company||1.163.150||1.163.150||11,631.00|
|14||MWG||Mobile World Investment Joint Stock Company||442.786||443.496||4.434.00|
|15||NVL||No Va Real Estate Investment Group Joint Stock Company||930.447||930.447||9,304.00|
|16||PNJ||Phu Nhuan Jewelry Joint Stock Company||222,667||167.003||1,670.00|
|17||REE||Refrigeration Mechanical and Electrical Joint Stock Company||310.051||310,059||3,100.00|
|18||ROS||FLC FAROS . Construction Joint Stock Company||567.598||567.598||5,675.00|
|19||SAB||Saigon Beer – Alcohol – Beverage Joint Stock Corporation||641.281||641.281||6,412.00|
|20||SBT||Thanh Thanh Cong Joint Stock Company – Bien Hoa||525.140||586.741||5,867.00|
|21||SSI||SSI . Securities Joint Stock Company||509.170||510.064||5,100.00|
|22||STB||Saigon Thuong Tin Commercial Joint Stock Bank||1.803.653||1.885.216||18,852.00|
|23||TCB||Vietnam Technological and Commercial Joint Stock Bank||3,496.592||3,496.592||34,965.00|
|24||VCB||Joint Stock Commercial Bank for Foreign Trade of Vietnam||3.708,877||3.708,877||37,088.00|
|25||VHM||Vinhomes Joint Stock Company||3,349,514||3,349,514||33,495.00|
|26||VIC||Vingroup Corporation – Joint Stock Company||3,345,935||3,345,935||33,459.00|
|27||VJC||VietJet Aviation Joint Stock Company||541,611||541,611||5,416.00|
|28||VNM||Vietnam Dairy Products Joint Stock Company||1,741,392||1,741,688||17,416.00|
|29||VPB||Vietnam Prosperity Joint Stock Commercial Bank||2,456.748||2,456.748||25,299.00|
|30||VRE||ViRetail Joint Stock Company||2,328,818||2,328,818||23,288.00|