Bloomberg News

Vietnam’s Stocks: Ho Chi Minh City Securities, Thien Nam Trading

October 12, 2011

Oct. 12 (Bloomberg) -- Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the close in Ho Chi Minh City.

The VN Index, the benchmark measure of the Ho Chi Minh City Stock Exchange, fell for a second day, losing 1.6 percent to 410.91.

Ho Chi Minh City Securities Corp. (HCM VN), a stock brokerage, dropped 3.1 percent to 15,900 dong. The company’s January-to-September pretax profit was 178 billion dong ($8.54 million), it said in a statement on the exchange’s website. That compares with 192 billion dong in the same period last year, according to figures on the company’s website.

Thien Nam Trading Import Export Corp. (TNA VN), an importer of confectionery and trader of electrical appliances, steel and truck components, rose for the first time in three days, adding 4.2 percent to 22,500 dong, the biggest gain since Sept. 15. Thien Nam’s nine-month pretax profit increased 31 percent to 42.5 billion dong as net sales surged 45.8 percent to 767.8 billion dong, according a statement on the bourse’s website.

--Nguyen Dieu Tu Uyen. Editor: Matthew Oakley

To contact Bloomberg News staff for this story: Nguyen Dieu Tu Uyen in Hanoi at uyen1@bloomberg.net

To contact the editor responsible for this story: Shiyin Chen at schen37@bloomberg.net


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