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Oct. 6 (Bloomberg) -- 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 1 percent to 421.32, the biggest gain since Sept. 19.
Dien Quang Joint-Stock Co. (DQC VN), a light-bulb maker, jumped 4.5 percent to 16,300 dong, the largest increase since Sept. 26. The Ho Chi Minh City-based company will buy back 1.21 million shares from Oct. 10 to Dec. 31, according to a statement on the bourse’s website.
Hoa Binh Construction & Real Estate Corp. (HBC VN), which offers construction services, climbed 3.5 percent to 26,800 dong, the steepest advance since June 22. The company will pay a 2010 dividend of 600 dong a share on Oct. 28, according to an exchange filing.
Tay Ninh Rubber Joint-Stock Co. (TRC VN) increased 1 percent to 39,900 dong. Rubber advanced for a third day as better-than-expected economic data from the U.S., the fourth- largest user, buoyed the outlook for demand.
--Diep Ngoc Pham, with assistance from Nguyen Dieu Tu Uyen in Hanoi. Editor: Matthew Oakley
To contact Bloomberg News staff for this story: Diep Ngoc Pham in Hanoi at firstname.lastname@example.org
To contact the editor responsible for this story: Darren Boey at email@example.com