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IN BRIEF: Vietnam Enterprise net asset value falls on a monthly basis

17th May 2023 10:31

Vietnam Enterprise Investments Ltd - closed-end fund primarily investing in Vietnamese-listed equity - Net asset value decreases by 1.8% to USD8.13 per share at April 30. This is compared to a fall of 1.4% in its reference index, the Vietnam index. VEIL Portfolio Manager Dien Vu says: "The market's average daily trading value jumped 28% month-on-month to USD576 million, a four-month high. However, the year-to-date daily trading value across Vietnam's three exchanges is down 60% compared to the same period last year."

Current stock price: 549.00 pence each, down 0.2% on Wednesday morning in London

12-month change: down 17%

By Harvey Dorset, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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