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
VN-index +2.5% in March, led by large-cap stocks. PYN Elite outperformed at +2.6%, despite the VND weakening 2.1% against the USD. Vietnam’s average deposit rate continued to be lower, at
In February, the VN-Index surged 7.6% driven by the banking sector. PYN Elite gained only 5.2%, when Sacombank took a pause and the VND depreciated 1% against the USD. Late
Vietnam market had a strong start to 2024 with VN-Index +3.0% in Jan. PYN Elite +6.8% MoM, driven by the stellar rallies of ACV and the banking stocks. Our 6
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