Vietnam Stocks: Asia Commercial Bank, Dinh Vu Port, Vipco
The VN Index (VNINDEX), the benchmark measure of the Ho Chi Minh City Stock Exchange, dropped 0.2 percent to 396.51.
Asia Commercial Bank (ACB) (ACB VN), increased for the first time in five days, adding 1.4 percent to 21,300 dong. Its fourth- quarter profit rose to 1.36 trillion dong ($65.3 million), from 847 billion dong in same period a year earlier, according to an exchange filing. The lender’s 2011 net income climbed to 3.2 trillion dong, from 2.3 trillion dong in 2010.
Dinh Vu Port Investment & Development Joint-Stock Co. (DVP VN), a port developer and cargo handler, jumped by the maximum 5 percent daily limit to 37,900 dong, the biggest advance since Aug. 16. The company’s quarterly profit rose 12.6 percent from a year earlier to 163.7 billion dong, according to an e-mailed statement from the exchange.
Vietnam Petroleum Transport Joint-Stock Co. (VIP) , an oil tanker and barge operator also known as Vipco, slid 2.2 percent to 4,500 dong, the lowest close since Jan. 20. The company’s fourth-quarter net income dropped to 8 billion dong, from 51.7 billion a year earlier, according to an exchange filing.
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