Market Recap May 2021 - VN-Index hits fresh high
  • 2021-06-02T20:51:08
  • Strategy
VNI reached a new high in May despite a resurgence in COVID-19 cases. From the start of Vietnam’s fourth wave of COVID-19 (April 27) to the end of May, the country reported 4,245 domestic cases, accounting for nearly 75% of total domestic cases since the COVID-19 pandemic began. However, the resurgence of COVID-19 cases has not had a negative impact on the stock market. In May, the VNI was mainly driven by banking, materials and diversified financials to increase 7.2% MoM and 20.3% since