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June 2018 stock performance

Writer's picture: AdminAdmin

Vietnamese stock markets have been the worst performing markets in the World in the second quarter of 2018. The downside trend continued in June. This quarter has been the worse since the World Financial crisis of 2008. Economists and financial experts disagree on the reasons for this sharp correction. The good news as far as Anh Thomas and its clients are concerned is that June was an excellent month in terms of dividends received, which allowed to offset in part the monthly losses. Over the month, Hanoi index is down by 7.6% and Ho Chi Minh index is down by 1.1%. Our reference portfolio ended up the month with a 2.5% loss. Anh Thomas returns over the long run are still impressive. Since being launched, Anh Thomas portfolio overall return is +305.1%, greatly outperforming both Hanoi and Ho Chi Minh indexes (+53.8% and +141.4% respectively).


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Disclaimer: This website shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities, in any country or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such country or other jurisdiction. Please also note that the value of your investments can both rise and fall over time, and that you should not assume that past performance will repeat itself. You may receive less than you originally invested. Anh Thomas Investment also declines any responsibility in respect of the tax treatment of your investments.

 

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