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
VN Index soared 9.2% in July and crossed 1200 points for the first time since Sep-22, driven by the broad-based rallies of various sectors. PYN Elite +5.2% MoM, led by
June passed with numerous events. The reduction of value-added tax (VAT) by 2 percentage points, a 50% lower car registration fee and a new 90-day visa policy were passed to
VN-Index +2.5% driven by a broad sector recovery. Notably, the small-cap companies outperformed the large-caps, with VN Small-cap Index +9.7%, VN Mid-cap +4.3% while VN30 Index only inched up +1.4%.
The VN-Index retreated by 1.5% in April after a rally in March. PYN Elite -1.8% MoM and +4.5% YTD. In April, a series of new policies were issued at an
The collapse of Silicon Valley Bank, Signature Bank and Credit Suisse – UBS emergency takeover had raised questions on banks’ operation in U.S. and Eurozone, thus leading to a sharp