Vietnam Stocks: Everpia, Hoa Phat Group, Investment & Trading

Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the end of morning trade at 11:30 a.m. in Ho Chi Minh City.

The VN Index (VNINDEX), the benchmark measure of the Ho Chi Minh City Stock Exchange, fell for a third day, losing 1.5 percent to 437.53.

The VN-30 Index (VN30), a free-float adjusted, market capitalization-weighted index of 30 stocks that have the highest market value and liquidity on the bourse, dropped 2 percent to 495.71.

Everpia Vietnam Joint-Stock Co. (EVE) , which designs, produces and sells bedding products, dropped 4.6 percent to 25,000 dong, set for a one-month low. Its fourth-quarter net income fell 27 percent to 34.2 billion dong ($1.64 million), according to an audited financial report posted on the exchange’s website.

Hoa Phat Group Joint-Stock Co. (HPG) , Vietnam’s biggest listed steel producer, slid 4.1 percent to 23,300 dong. The company will start trading 31.4 million additional shares after March 9, according to an exchange statement.

Investment & Trading of Real Estate Joint-Stock Co. (ITC VN), which builds residential real estate, rose 4.1 percent to 10,100 dong, set for the highest close since Nov. 8. The company will pay a dividend of 500 dong per share on April 20, according to a filing with the bourse.

To contact Bloomberg News staff for this story: Diep Ngoc Pham in Hanoi at dpham5@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net

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