Russian invasion of Ukraine in the last week of February as well as the built-up tensions before the event have created a large divergence in Vietnam’s stock market throughout the month, as witnessed in the rallies of the Energy sector (+10%)…
PYN Elite was +2.7% in January, outperformed VN Index (-1.3%), driven by VRE, MBB and CTG. Vietnam market witnessed high volatility within the month: a few speculative stocks popular among retail investors, after just having increased multiple folds in a…
Vietnam finished 2021 as one of the top-performing markets globally with VN-Index +1.3% in Dec and +35.7% YTD. PYN Elite outperformed, with NAV +4.8% MoM and +42.7% YTD. This month, we have fully locked in 438% gain from our CEO…
VN Index +2.4% in November. PYN Elite (+7.3%) outperformed the index this month driven by CEO (229,3%). The real estate sector is rallying this year, on both strong housing demand and revaluation of landbank. CEO especially caught market attention, thanks…
PYN Elite NAV +6.8% in October, supported by gains in NLG, VHM and TPB. The VN Index rallied past 1,400 to reach a new ATH of 1,444, making Vietnam one of the best-performing markets globally with gains of +7.6% MoM…
VN Index +0.8% in September, and PYN Elite +2.1% supported by TPB (+22%). All eyes were on Vietnam’s fast vaccination progress: 70% of HCMC population are fully vaccinated (cf. only single-digit a month ago). And the whole country’s vaccination rate…
PYN Elite NAV dropped 0.19% in August as our banks retreated after a rally of 43% in the first 7M2021. VN Index advanced 1.64% MoM, supported by GVR, HPG, VJC. After VN Index approached the 1,380 level, the market witnessed…
COVID resurgence caused the VN index to correct by -7% in July, and PYN Elite dipped by -5.5%. VN Index still gained +18.7% YTD, being the 2nd best performing index in Asia, topped only by Mongolia which enjoyed a commodity…
PYN Elite NAV gained 6.1% in June, in line with VN Index, supported by VHM, MBB, VEA and VRE. Despite the rising number of new Covid-19 cases, VN Index surpassed the 1,400 level with average daily turnover reaching $1.1 bn.…
PYN Elite rose strongly (+9.9%) in May supported by all our banks (+30% May and +50% YTD on average) and VN Diamond (+12% May, +42% YTD). VN index also went up by 7.2% on the banking sector rally. Last year…