Vietnam Stock Movers: Becamex Infrastructure, HAGL, Mien Dong
Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the 2:15 p.m. close in Ho Chi Minh City.
The VN Index (VNINDEX), the benchmark measure of the Ho Chi Minh City Stock Exchange, gained 1.2 percent to 468.26, the highest close since Sept. 15.
Becamex Infrastructure Development Joint-Stock Co. (IJC VN), which develops real estate, advanced 4.8 percent to 13,000 dong. The company will pay a dividend of 1,100 dong a share on May 22, according to a statement on the bourse’s website.
HAGL Joint-Stock Co. (HAG) , the country’s second-biggest listed property developer, jumped 4.2 percent to 32,000 dong, the highest close since March 8. The company will pay shareholders a dividend of 15 shares for every 100 shares they own, according to an exchange statement.
Mien Dong Joint-Stock Co. (MDG) , a construction company, rose 3.7 percent to 5,600 dong, the highest level since April 3. The company will buy back 1 million shares from April 23 to July 19, 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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