- A comprehensive suite of benchmarks with increased representativeness of the growing ASEAN grouping
- Inclusion of Vietnamese constituents
- Reinforces FTSE’s leading position in index innovation and exchange partnerships
FTSE Group (“FTSE”), the global index provider and the ASEAN Exchanges have announced an expansion to the FTSE ASEAN Index Series including a comprehensive suite of indices broadly covering the growing ASEAN equity market. With the inclusion of Vietnamese stocks listed on the Hanoi Stock Exchange and the Ho Chi Minh Stock Exchange, the new FTSE ASEAN Index Series benchmark will represent approximately 90-95% of the investable market capitalization in the region.
The FTSE ASEAN Index Series was established in partnership with the ASEAN Finance Ministers to promote ASEAN as a regional equity market grouping. It included the first benchmarks designed to support the creation of financial products and benchmarking requirements for South East Asian investment needs.
The FTSE ASEAN All-Share Index is designed to represent the performance of large, mid and small cap ASEAN companies. The existing FTSE/ASEAN 40 Index, which reflects the performance of the largest companies in the ASEAN market, will continue to be calculated as part of the series. FTSE ASEAN All-Share ex Developed Index is designed to represent the performance of all the ex Developed countries in the FTSE ASEAN All-Share Index. FTSE ASEAN Sector Indices and the FTSE ASEAN Stars Index are also among the newly announced indices providing a comprehensive toolkit to benchmark the ASEAN equity market.
Ms. Jessie Pak, Managing Director, Asia, FTSE Group, said, “FTSE is delighted to extend our collaboration with the ASEAN Exchanges. The continuous development of representative, innovative regional indices for the South East Asian market will further increase investor understanding and interest in the region.”
The indices comprising the FTSE ASEAN Index Series include:
- FTSE ASEAN All-Share Index
- FTSE ASEAN Sector Indices
- FTSE/ASEAN 40 Index
- FTSE ASEAN Stars Index
- FTSE ASEAN All-Share ex Developed Index
The indices are free-float adjusted and calculated in accordance with the Industry Classification Benchmark (ICB).