Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the 11:30 a.m. break in Ho Chi Minh City.
The VN Index, the benchmark measure of the Ho Chi Minh City Stock Exchange, added 0.5 percent, to 448.10. 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, advanced 0.4 percent to 508.56.
Ben Thanh Trading & Service Joint-Stock Co. (BTT VN), which offers trading, financial and real-estate services, rose 3 percent to 20,500 dong, set for the highest close since Oct. 12. Ben Thanh’s pretax profit increased 12 percent from a year earlier to 7.5 billion dong ($360,000) in the first two months of 2012, according to a company statement on the exchange’s website. Revenue rose to 54.6 billion dong, 27 percent more than the same period last year, it said.
Joint-Stock Commercial Bank for Foreign Trade of Vietnam (VCB VN), the country’s biggest listed lender by market value, increased 1.3 percent to 30,200 dong. The bank forecast pretax profit in 2012 will rise 15 percent to 6.55 trillion dong, it said in a statement on its website.
— With assistance by Nguyen Dieu Tu Uyen