Vietnam Stocks: Binh Dinh Minerals, Rang Dong Light, Ha Do

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

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.

To contact the reporter on this story: Nguyen Dieu Tu Uyen in Hanoi at uyen1@bloomberg.net

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

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