Vietnam’s Stocks: Vinacafe Bien Hoa, Phu Nhuan Jewelry, Camau
Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses, and prices are as of the 11 a.m. local-time close.
The VN Index, the benchmark measure of the Ho Chi Minh City Stock Exchange, advanced for the first time in three days, climbing 1 percent to 477.47.
Vinacafe Bien Hoa Joint-Stock Co. (VCF VN), which produces, roasted coffee, instant coffee and breakfast cereals, rose 4 percent, the most since April 4, to 50,000 dong. Its 2010 net profit increased 19 percent to 162 billion dong, according to a company filing on the bourse’s website.
Phu Nhuan Jewelry Joint-Stock Co. (PNJ VN), the only jewelry manufacturer on the exchange, gained 0.4 percent to 27,300 dong. The company’s first-quarter net profit rose 48 percent to 95.3 billion dong in the first quarter, according to a statement on the exchange’s website.
Camau Frozen Seafood Processing Import & Export Corp. (CMX VN), which processes frozen foods, fell 4 percent to 9,500 dong a record low. Camau Frozen had a net loss of 20.5 billion dong in the first quarter, according to a company statement on the exchange’s website.
--Nguyen Dieu Tu Uyen. Editor: Allen Wan
To contact the reporter on this story: Nguyen Dieu Tu Uyen in Hanoi at email@example.com
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