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Vietnam Stocks See Early Foreign Inflows as FTSE Upgrade Nears

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Vietnam Stocks See Early Foreign Inflows as FTSE Upgrade Nears Global funds are dipping back into Vietnamese stocks ahead of their inclusion in FTSE Russell’s emerging markets universe next week. Foreigners have bought $54.2 million of local shares on a net basis so far this week, set for the most in six weeks. Vietnam’s reclassification by FTSE takes effect on Sept. 21.

Vietnam Stocks See Early Foreign Inflows as FTSE Upgrade Nears Global funds are dipping back into Vietnamese stocks ahead of their inclusion in FTSE Russell’s emerging markets universe next week. Foreigners have bought $54.2 million of local shares on a net basis so far this week, set for the most in six weeks. Vietnam’s reclassification by FTSE takes effect on Sept. 21.
Vietnam (LOCATION) FTSE (ORG) Vietnamese (ORG) Russell (PERSON)
Originally published by Bloomberg Markets Read original →