Why is Vietnam's Stock Market Up Today? VNI Up by 0.39%; HNX Jumps by 0.51% After Emerging Market Upgrade by FTSE Russell
India, Sept. 21 -- This morning, VNI, the benchmark index of Vietnam opened in green by 0.31%, and the HNX index from national capital Hanoi, also went up 0.18%. FTSE Russell's upgrade for Vietnam's stock market is the major factor behind today's gains.
Why is Vietnam's Stock Market Up Today?
Factors like better global risk sentiment have helped to boost the recovery of Vietnam's stock market on September 4 with both HNX and VNI performing well. An extra component bolstering sentiment is the return of foreign buying along with Vietnam's FTSE Russell reclassification.
As Vietnamese stocks officially join the FTSE Global Equity Index Series across four phases ending in September 2027, the FTSE transition is expected to create extra deman...
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