Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of close in Ho Chi Minh City.
The VN Index, the benchmark measure of the Ho Chi Minh City Stock Exchange, gained for the first time in three days, rising 0.5 percent to 440.29.
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, increased 0.8 percent to 501.29.
Binh Dinh Minerals Joint-Stock Co. (BMC VN), a miner and trader of metal ores, jumped 4.8 percent to close at 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 VN), a maker of thermos flasks and fluorescent lighting products, rallied for an eighth day, rising 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.
Everpia Vietnam Joint-Stock Co. (EVE VN), which designs, produces and sells bedding products, rose for the first time in three days, jumping 4.9 percent to 25,800 dong. The company expects profit after tax to add 6.2 percent, to 160 billion dong, and revenue to increase 12.4 percent to 900 billion dong this year, it said in a statement filed on the exchange’s website.
Elcom Corp. (ELC VN), which offers telecommunications, information technology, automation and electronics products and services, slid 1.1 percent to 27,700 dong. Elcom plans to pay 2010 dividend by issuing new shares, according to a statement on the exchange’s website. Investors will get 25 new shares for every 100 existing ones they have, it said.