PYN Elite unchanged in July
The market had a turbulent July as the VN Index fluctuated sharply between 1220 and 1300, closing +0.5% MoM. PYN Elite NAV remained unchanged from June. The market was supported
The market had a turbulent July as the VN Index fluctuated sharply between 1220 and 1300, closing +0.5% MoM. PYN Elite NAV remained unchanged from June. The market was supported
PYN Elite +1.8% in June, beating VN-Index’s sluggish performance -1.3%. Our aviation stocks continued to rally, ACV +18% and HVN +19%. The National Assembly passed in the annual meeting the
Inderes interviewed Maggie Yi from the PYN Elite portfolio team about the Vietnamese market. Maggie says the improved macro numbers are among other factors behind the good performance of the
The Vietnam stock index has gained about 15% since the beginning of the year, and the market sentiment is cautiously optimistic. Macroeconomic figures have supported the sentiment, and we expect
PYN Elite rose 5.0% in May, outperforming the VN Index’s 4.3%, driven by ACV (+24%) and CMG (+36%). The Vietnamese technology sector is advancing up the value chain and becoming
The VN-Index saw a drop of 8.5% in mid-April, before staging a comeback and closing at -5.8% MoM. PYN Elite -8.2% MoM, driven by short-term profit taking in banking stocks