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Vietnamese Stocks: Dien Quang, Construction & Materials

Feb. 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, fell 1.4 percent to 422.22. The loss was the largest since Feb. 13.

The VN-30 Index, a free-float adjusted, market capitalization-weighted index of 30 stocks that have the highest market value and liquidity on the bourse, dropped 1 percent to 480.89.

Dien Quang Joint-Stock Co. (DQC VN), a light-bulb maker, dropped for the first time in a week, sliding 4.4 percent to 13,100 dong. The Ho Chi Minh City-based company said pretax profit fell 38.5 percent to 24 billion dong ($1.2 million) in the fourth quarter, according to a filing with the exchange.

Song Da Urban & Industrial Zone Investment & Development Joint-Stock Co. (SJS VN), a builder and trader of construction materials known as SUDICO, slumped 4.9 percent, the most since Dec. 20, to 27,100 dong. The company reported a fourth-quarter net loss of 72.4 billion dong on its website.

Construction & Materials Trading Joint-Stock Co. (CNT VN) dropped for the first time in eight days, sliding 4.6 percent to 10,500 dong. The company had a 1.1 billion dong net loss in the fourth quarter, according to an exchange statement.

-- Nguyen Dieu Tu Uyen. Editor: Darren Boey

To contact Bloomberg News staff for 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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