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November 2018 stock performance


November has been a quiet month for the Vietnamese stock markets. During the first half of the month, indexes fell up to 4% but they went up during the last two weeks. Investors were clearly cautious this month and trading liquidity remained low. On the economic side, the National Assembly of Vietnam has announced that Vietnam will strive to post an economic growth of 6.6% to 6.8% next year, compared to the target of 6.5% to 6.7% set for 2018. Over the month, Hanoi index is down by 0.5% while Ho Chi Minh index is up by 1.3%. Our reference portfolio ended up the month with a loss of 1.1%. Anh Thomas returns over the long run are impressive. Since being launched, Anh Thomas portfolio overall return is +320.3%, greatly outperforming both Hanoi and Ho Chi Minh indexes (+51.9% and +132.8% respectively). #investing

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Disclaimer:

 

This website shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities, in any country or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such country or other jurisdiction. Please also note that the value of your investments can both rise and fall over time and that you should not assume that past performance will repeat itself. You may receive less than you originally invested. Anh Thomas Investment also declines any responsibility in respect of the tax treatment of your investments.

 

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