09/11/2020 - 09:20
Weekly Wrap: Positive momentum to continue
The VNI bounced +1.4% WoW on positive breadth but a decline in turnover and persistent foreign net selling. The VNI and VHI both underperformed the stronger 4-8% weekly gains in regional markets. Boosting this disparity was the 1-3% increase in regional currency rates, while the VND was yet again flat against a weaker US dollar. US politics implies continued USD weakness and strength in risk assets—but also gold.
