Monthly Recap February 2019 - Market rebounds to outperform the region
  • 2019-03-04T18:37:34
  • Strategy
The VN-INDEX outperformed ASEAN markets. The VN-Index climbed to a five-month high on February 25, perhaps encouraged by the news that the US-DPRK summit would be held in Hanoi in late February. The VNI then retreated somewhat at the end of the month as Presidents Trump and Kim could not finalize any agreement and ended their meeting earlier than expected. Closing the month at 966, the VNI still outperformed other ASEAN neighbor markets to grow 6.0% MoM and 8.2% YTD vs the Thai SET (5.7% YTD), I