Monthly Recap September 2016 - Vietnam outperforms regional peers, surges to eight-year high
  • 2016-10-04T18:11:10
  • Strategy
The VN-Index recovered strongly in the second half of the month, achieving its highest level since February 2008, after ETF rebalancing put downward pressure on the market earlier in September. Vietnam’s equity market had a weak first half of the month, but finished the second half strongly. The VN-Index closed the month at 685.73, up 1.65% compared to the end of August, though that was the lowest MTD growth since April 2016. ETF’s periodic Q3 rebalancing, which ended in mid-September,