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
PYN Elite NAV edged up 0.65% supported by VN Diamond (+10% MoM), MBB (+8% MoM) and HDB (+3% MoM). VN Index gained 4% led by NVL (+63% MoM), VIC (+11%
In March, PYN Elite gained 1.4% supported by CTG, VCI and HDB. VN Index gained 2.0% helped by VIC and banking stocks. The Index held up well supported by local
Vietnam’s stock market recovered well from the January correction. VN-Index increased 10.6% MoM thanks to VIC (9.7% MoM), VHM (8.7% MoM) and TCB (22.7% MoM) while PYN Elite’s NAV was
Vietnam’s stock market had a turbulent month in January when VN Index tumbled -4.28%, after a long rally that brought the Index up close to the peak of 1,200 points.
VN index finished an unforgettable year with +14.9% in 2020, higher than most markets except the US. (Nasdaq +44%, S&P 500 +16%, MSCI ex-Japan +13%, Europe STOXX 600 +12%, Helsinki