Vietnamese stock markets: October 2020 summary


Vietnamese stocks markets rose again in October. It is however important to highlight that the Masan Group (MSN) shares recorded a monthly rise of more than 50%. This naturally had a massive impact on the overall market performance. On the economic front, CPI trended down over the month when compared to September. Inflation is however still way higher than the previous year. Over the month, Ho Chi Minh index is up by 2.2% and Hanoi index is up by 1.8%. Our reference portfolio is up by a more modest 0.5% this month. Anh Thomas returns over the long run are quite impressive. Since being launched, Anh Thomas portfolio overall return is +374.5% greatly outperforming both Hanoi and Ho Chi Minh indexes (+96.1% and +132.5% 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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