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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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