Vietnam Stocks: Ben Thanh Rubber, Mekong Fisheries, Tay Ninh

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, slid 0.1 percent to 472.16.

Ben Thanh Rubber Joint-Stock Co. (BRC) , a manufacturer of industrial rubber products, advanced 4.5 percent to 11,700 dong, the highest level since its debut on Dec. 13. Vietnam Rubber Group raised its stake in Ben Thanh to 15.4 percent from 14 percent, according to a statement on the stock exchange’s website.

Mekong Fisheries Joint-Stock Co. (AAM) , a seafood company, rose 1.5 percent to 27,000 dong, its highest close since Aug. 11, 2010. The company will pay a dividend of 1,200 dong a share on May 30, it said in a statement.

Tay Ninh Rubber Joint-Stock Co. (TRC) fell 2.4 percent to 41,300 dong, the biggest decline since March 27. The company said pretax profit is forecast to drop to 304.4 billion dong ($14.6 million) in 2012 from 568.1 billion dong last year, according to a filing with the exchange.

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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