Monthly Recap March 2015 - Oil slump, ETF redemptions send VNI down 8%
  • 2015-04-01T00:00:00
  • Strategy
The VNI sank 8% during March as global prices slid over 9% and foreign ETFs faced massive redemptions, which countered better-than-expected GDP growth of 6.03% in 1Q. Ca Mau Fertilizer (DCM) listed on the HOSE on 31/03/2015 and closed its first session at a market cap of USD340mn (#21 on HOSE). DHG, DPM and VCB have issued FY15 guidance; all quite conservative.