PYN Elite rose +4.0% in December, outperforming the VN-Index (+1.3%). The VND continued to weaken -0.4% compared to the USD. From the beginning of 2024, the VND has depreciated -4.8%
PYN Elite declined -1.2% in November, slightly underperforming the VN-Index (-1.1%). Following Trump’s victory, foreign investors sold regional markets broadly on concerns over tariffs and forex risks. Other markets fared
The VN-Index retreated by 1.8% in October as sentiment weakened due to a stronger USD, which led to a VND depreciation of 2.8% MoM against the greenback. PYN Elite saw
PYN Elite outperformed the VN-Index, up +3.4% in September, thanks to the strong performance of our banks. Meanwhile, VN-Index only increased +0.3%. The State Bank of Vietnam has targeted this
PYN Elite rose by 3.1% in August, outperforming the VN Index’s 2.6%, driven by banks’ outperformance and DBC (+10.9%). Despite initial uncertainty over Vietnam’s leadership change, local businesses perceive the
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