Vietnam Stocks: Minh Phu, Danang Rubber, Ben Tre Aquaproduct
The VN Index (VNINDEX), the benchmark measure of the Ho Chi Minh City Stock Exchange, rose 1 percent to 357.87, the highest close since Dec. 22. The gauge rallied for a sixth day, the longest winning streak since a 13-day gain through Sept. 13.
Minh Phu Seafood Joint-Stock Co. (MPC) , Vietnam’s second-biggest listed seafood company, climbed 4.6 percent to 18,200 dong. The company will establish a fish farm unit to ensure supplies for its seafood production, according to a statement on the exchange’s website.
Danang Rubber Joint-Stock Co. (DRC) added 4.7 percent to 17,900 dong, the most since Dec. 28. The company’s 2011 net profit reached 197.3 billion dong ($9.4 million), exceeding its target by 32 percent, according to a filing on the bourse’s website.
Ben Tre Aquaproduct Import & Export Joint-Stock Co. (ABT VN), a seafood exporter and processor, climbed 1.4 percent to 36,500 dong. The company plans to pay a 2011 dividend of 1,500 dong a share on Feb. 17, according to a company statement on the exchange’s website.
To contact the reporter on this story: Nguyen Dieu Tu Uyen in Hanoi at firstname.lastname@example.org
To contact the editor responsible for this story: Darren Boey at email@example.com