VN index

And moving on to the, um, the VAE performance as well as the market outlook.

So for the VN index, year to date is down zero point nine percent.

Uh, we've seen the index is relatively flat this year.

However, the number hides a lot.

So a tough market, but very good earnings.

When the profit goes up and price down, stocks get cheaper.

The VN index now trades at about thirteen times earnings.

That's close to past lows like tariff shock when it hits, like, twelve point two times.