VN-Index and PYN Elite both gained +3.3% in December, led by brokerage, retail and banks. The long-awaited new trading system – KRX launch isexpected in the first half of 2024. All-year
In November, the VN-Index bounced back by +6.4% from the previous month’s sell-off, propelled by the broker, real estate, and oil & gas recovery. PYN Elite rose by +5.7%, with
Vietnam’s stock market index is still struggling around the thousand points level. Daily events take the index up and down in very short cycles. In Vietnam, the slowdown in economic
VN-Index -10.9% in October, the strongest decline since Sep-2022. PYN Elite was in line at -10.5% MoM. The market became more jittery as VND depreciated 3.7% against USD in 3
The VN-Index down -5.7% in September. PYN Elite -7.4%, an extra hit from VND weakness. After the Independence holiday, the market reacted positively to the US-Vietnam comprehensive strategic partnership upgrade
The VN-Index closed August +0.1%. PYN Elite dipped -1.7%, due to VND currency weakening against the USD by -1.6%. Earlier this month, amidst negative headlines about the bankruptcy filing of
All rights reserved © 2024 PYN Fund Management Ltd.