Vietnam Equity Movers: Seaprodex, Hung Vuong, Taya, Vitranschart
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 (VNINDEX), the benchmark measure of the Ho Chi Minh City Stock Exchange, added 0.1 percent to 466.38. The measure gained 0.7 percent last week.
Seaprodex Refrigeration Industry Corp. (SRF) , which manufactures polyurethane thermal insulation panels and accessories, rose by the daily limit of 5 percent to 25,200 dong. The company plans to pay 2011 dividend of 4,000 dong a share, according to a statement on the exchange’s website.
Hung Vuong Corp. (HVG) , the third-largest listed seafood producer and exporter, jumped 4.9 percent to 34,400 dong. Hung Vuong forecasts 2012 pretax profit to rise to 550 billion dong ($26.4 million) from 508 billion dong last year, it said on the exchange’s website. Export turnover will rise to $250 million this year from $231 million in 2011, it said.
Taya Vietnam Electric Wire & Cable Joint-Stock Co. (TYA) gained 2.3 percent to 4,400 dong. The company posted first- quarter net income at 12.8 billion dong, compared with a loss of 15 billion dong a year earlier, according to exchange’s website.
Vietnam Sea Transport & Chartering Joint-Stock Co. (VST) , a shipping service provider, known as Vitranschart, fell 4.4 percent to 4,300 dong. The company won’t pay dividends for 2011 and 2012, it said in an exchange filing.
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