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Vietnam’s Stocks: Ninh Hoa Sugar, Tu Liem Urban Development

Oct. 28 (Bloomberg) -- Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the 11 a.m. local-time close.

The VN Index, the benchmark measure of the Ho Chi Minh City Stock Exchange, rose 1.8 percent to 422.07.

Ninh Hoa Sugar Joint-Stock Co. (NHS VN) rose by the maximum 5 percent to 33,600 dong, the highest close since May 16. The company will pay shareholders a dividend of 2,000 dong on Nov. 30, according to a company filing on the bourse’s website.

Tu Liem Urban Development Joint-Stock Co. (NTL VN), which offers construction services, increased 4.6 percent to 20,400 dong. The company registered to buy back 900,000 shares from Nov. 7 through Jan. 7, it said in a statement filed on the exchange’s website.

To contact Bloomberg News staff for this story: Nguyen Kieu Giang in Hanoi at giang1@bloomberg.net

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

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