Breaking News

Tweet TWEET

Vietnam Stocks: Dong A Plastic, Petro Capital, Saigon General

Vietnam’s VN Index, the benchmark measure of the Ho Chi Minh City Stock Exchange, rose 1.3 percent to 479.33 at the 11 a.m. local time close.

Dong A Plastic Group Joint-Stock Co. (DAG VN), which manufactures building materials, climbed 4.9 percent to 17,000 dong, the highest since Oct. 26. The company will pay its shareholders a dividend of 1,400 dong a share on March 4, according to a statement on the exchange’s website.

Petro Capital & Infrastructure Investment Joint-Stock Co. (PTL VN), a construction company, gained 3.3 percent to 12,700 dong. PetroVietnam Construction Joint-Stock Co. will buy 5.6 million shares to raise its stake in the company to 36 million shares, according to a statement on the bourse’s website. Petro Capital will start purchasing the shares from Dec. 30 until Feb. 30.

SaiGon General Service Joint-Stock Co. (SVC VN), which provides automobile distribution, real-estate and financial services, increased 3.8 percent to 24,700 dong. The company will pay dividend of 500 dong a share to its shareholders on Jan. 24, it said in a statement on the bourse’s website.

To contact the Bloomberg News Staff on this story: Nguyen Kieu Giang in Hanoi at giang1@bloomberg.net

To contact the editor responsible for this story: Richard Frost at rfrost4@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.