Mai Le
June 2019
June was an eventful month characterized by the MSCI’s market classification, US-China discussion at G20 summit and the signing of free trade pact between Vietnam and EU. Despite growing volatility, PYN Elite fund gained 1.32%, outperforming VNIndex which dropped 1.04%.…
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In January, VNIndex recovered slightly to 910.7, up 2% MoM as supported by 4Q corporate earnings. Tradingvolume saw a significant drop as investors were heading to a long break during the Lunar New Year. PYN Elite NAV went down 2.2%…
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In October, the global stock markets continued to face with turbulence and strong sell-offs in the Chinese and US exchanges. Vietnam’s stock market was not immune to volatility, VNIndex lost 10.1% MoM, a bit less than its sharp drop of…
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In July, the Vietnamese market remained weak for the fourth consecutive month following strong foreign net sell. VN Index lost 0.46% despite the recovery in the second half of the month thanks to support from 2Q positive results of some…
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VNIndex hit its all-time high early in April but unfortunately, could not maintain the momentum as the month went and tumbled 10.6% following big sell-offs in large caps and the lack of foreign net inflows. If subtracting put-through transaction of…
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VN Index hit a 52-week high on the last trading day of the Lunar year and closed January with a strong gain of 4,87% mainly thanks to index heavily weighted banking stocks. PYN Elite NAV advanced 0,87%, partly due to…
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