The VN-Index closed the month at an all-time high level. Despite some profit taking pressure in large cap stocks which caused minor pullbacks during the month, the VN-Index still increased 4.7% MoM to close the month at a peak of 1,174.5 a day after an upbeat GDP announcement. The VNI has so far this year outperformed others indices in the region with an increase of 19.3% YTD vs the Thai SET (1.3% YTD), Indonesia JCI (-2.6% YTD) and the Philippines PCOMP (-6.7% YTD).