Vietnam Stocks: Bao Viet, Hoa Binh Construction, Tay Ninh
April 25 (Bloomberg) --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, rose 1.3 percent to 471.72.
Bao Viet Holdings (BVH) , Vietnam’s biggest insurer, gained 2.9 percent to 71,500 dong. Net income for 2012 will rise 10 percent to 1.33 trillion dong, Thoi Bao Kinh Te Vietnam newspaper reported today, citing the company.
Hoa Binh Construction & Real Estate Corp. (HBC VN), a construction services provider, gained by the maximum daily limit of 5 percent to 39,900 dong. The company expects 2012 net income to rise to 170 billion dong ($81 million), compared with 149.6 billion dong a year earlier, according to a statement on its website. The company will pay a 2012 dividend of 3,000 dong a share, it said.
Tay Ninh Rubber Joint-Stock Co. (TRC VN), which produces and trades latex, rose 5 percent to 44,200 dong. The company will pay a 2011 dividend of 2,000 dong on May 24, according to a filing on exchange’s website.
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