Bloomberg News

Vietnam’s Stock Market Movers: Vietcombank, Phu Nhuan Jewelry

January 09, 2012

Jan. 9 (Bloomberg) -- Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the close today.

The VN Index, the benchmark measure of the Ho Chi Minh City Stock Exchange, gained 0.8 percent to 339.32, snapping four days of losses.

Joint-Stock Commercial Bank for Foreign Trade of Vietnam (VCB VN), the country’s biggest listed lender by market value, or VietinBank, rose 3 percent to 20,400 dong. Pretax profit in 2011 rose 4 percent to 5.7 trillion dong ($271 million) and total assets climbed 20.3 percent to 369.2 trillion dong, the company said on Jan. 6.

Phu Nhuan Jewelry Joint-Stock Co. (PNJ VN), Vietnam’s only listed jewelry manufacturer, fell 1.8 percent to 38,600 dong, the lowest level since Dec. 13. Gold for immediate delivery lost as much as 0.8 percent to $1,605.30 an ounce in Singapore.

--Nguyen Kieu Giang. Editor: Darren Boey

To contact Bloomberg News staff for this story: Nguyen Kieu Giang in Hanoi at giang1@bloomberg.net

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


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