Market Recap July 2019 - July marks second best performance in 16 months
  • 2019-08-02T21:52:39
  • Strategy
The VN-Index posted its best gain since March. Although the VN-Index failed to reach the threshold of 1,000, it still increased 4.4% MoM, which is the strongest performance in five months and second best in 16 months (after a jump of 6% in February 2019). This strong performance was supported by numerous positive domestic and global events, including (1) a strong H1 economic results with GDP rising 6.76%; (2) EVFTA being officially signed; (3) US President Trump and Chinese President Xi