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February 2019 stock performance

  • Writer: Admin
    Admin
  • Mar 7, 2019
  • 1 min read

Vietnamese stocks have climbed further in February amid reports the US and China were close to striking a trade deal. Several sectors have particularly beneficiated from the trend. This is notably the case for property developers and banks. Petroleum companies have also benefited from higher oil prices. This month was also marked by a renewed interest of foreign investors partly due to the Hanoi Summit, which allowed to show to the world an economically attractive image of Vietnam. Over the month, Hanoi index is up by 2.9%, Ho Chi Minh index is up by 6.7% and our reference portfolio is up by 2.3%. Anh Thomas returns over the long run are impressive. Since being launched, Anh Thomas portfolio overall return is +331.0%, greatly outperforming both Hanoi and Ho Chi Minh indexes (+53.4% and +144.2% respectively).

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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