The VN-Index (VNI) reached its highest level in nine months following positive macro news and MSCI’s update. The VNI’s upward trend continued in the first three weeks of October and was supported by (1) the SBV’s rate cuts that came in effect on October 1, (2) positive Q3 economic results lifting expectations for improvements in Q3 company results, (3) the positive performance of the US stock market in the first half of the month — although President Donald Trump testing positive for COVID-19