The VN-Index rose for a fifth straight day, edging up two tenths of a percent, to reach its highest level since February 2008.
SAB (+3.1%) was the largest contributor to the gain and reached a record high. As we discussed yesterday, according to a document of the Steering Committee for Enterprise Innovation and Development dated August 30, 2017, the Prime Minister has approved a divestment of a 53.59% stake in SAB, which will reduce the government’s ownership in SAB to 36% and therefore ena