The VN Index (VNINDEX), the benchmark measure of the Ho Chi Minh City Stock Exchange, climbed 0.1 percent to 438.52, the first gain in three days. 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, advanced 0.3 percent to 498.52.
Binh Dinh Minerals Joint-Stock Co. (BMC) , a miner and trader of metal ores, jumped 4.8 percent to 45,500 dong, the highest level since March 5. The company will pay shareholders a 2011 dividend of 5,000 dong per share, it said in a statement filed on its website.
Rang Dong Light Source & Vacuum Flask Joint-Stock Co. (RAL) , a maker of thermos flasks and fluorescent lighting products, rose 4.9 percent, to 34,600 dong, the highest since Oct. 2, 2009. The Hanoi-based company will pay a dividend of 1,500 dong a share on April 25, according to a statement on the exchange’s website.
Ha Do Joint-Stock Co. (HDG) , a Hanoi-based construction company, slid for the first time in four days, dropping 1.3 percent to 15,200 dong. Ha Do forecast 2012 after-tax profit will fall 29 percent to 120 billion dong, while revenue will drop 30 percent to 800 billion dong.
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