Vietnam Equity Movers: Thu Duc Housing, Mekong Fisheries
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 for a 13th day, the longest winning streak since January 2004, adding 1.4 percent to 469.40.
Thu Duc Housing Development Joint-Stock Co. (TDH VN), the real-estate firm backed by Citigroup Inc. and Deutsche Bank AG, advanced 5 percent to 19,000 dong, the highest since June 17. Thu Duc plans to buy back 1.82 million shares starting Sept. 20, according to a filing on the stock exchange’s website.
Mekong Fisheries Joint-Stock Co. (AAM VN), a seafood company, advanced 1.3 percent to 24,200 dong, the highest close since Dec. 13. The company’s eight-month net profit rose 44 percent to 50 billion dong ($2.4 million) on catfish exports, it said in a statement on its website.
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