Bloomberg News

Vietnamese Stock Movers: Phu Nhuan Jewelry, Phuoc Hoa Rubber

January 04, 2012

Jan. 4 (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 0.3 percent to 348.84.

Phu Nhuan Jewelry Joint-Stock Co. (PNJ VN), Vietnam’s only listed jewelry manufacturer, slid 2.3 percent to 39,000 dong, the most since Dec. 20. Gold for immediate delivery fell much as 0.7 percent to $1,592.75 in Singapore, the first decline in four days.

Phuoc Hoa Rubber Joint-Stock Co. (PHR VN), the country’s biggest listed rubber company, gained 4.7 percent to 26,800 dong. June-delivery rubber rose as much as 3.1 percent to 271.6 yen a kilogram ($3,543 a metric ton) on the Tokyo Commodity Exchange. It recently traded at 264.7 yen.

--Diep Ngoc Pham. Editor: Chan Tien Hin

To contact Bloomberg News staff for this story: Diep Ngoc Pham in Hanoi at dpham5@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net


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