Bloomberg News

Vietnam Stocks: Dong Phu Rubber, My Chau Printing, Eximbank

March 09, 2012

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 (VNINDEX), the benchmark measure of the Ho Chi Minh City Stock Exchange, gained 0.1 percent to 432.11. The gauge fell 1.7 percent this week, its biggest weekly decline in two months.

The VN-30 Index (VN30), a free-float adjusted, market capitalization-weighted index of 30 stocks that have the highest market value and liquidity on the bourse, dropped 0.4 percent to 487.03.

Rubber Stocks: Dong Phu Rubber Joint-Stock Co. (DPR) , the biggest listed rubber company in Vietnam by market value, jumped 4.8 percent to 55,000 dong, the highest since Aug. 17. Phuoc Hoa Rubber Joint-Stock Co. (PHR) rose 1.5 percent to 27,900 dong. Hoa Binh Rubber Joint-Stock Co. (HRC) gained 3.5 percent to 41,200 dong.

Rubber futures jumped as much as 3.1 percent to 337.4 yen a kilogram in Tokyo.

International Gas Product Shipping Joint-Stock Co. (GSP) (GSP VN), which transports liquefied petroleum gas, fell by the 20 percent limit to 13,600 dong from the initial price of 17,000 dong on its debut.

My Chau Printing & Packaging Holdings Co. (MCP) , a maker of metal packaging, advanced 4.3 percent to 17,000 dong, the highest close since October 2009. The company will pay a dividend of 800 dong a share on April 13, according to an exchange statement.

Vietnam Export-Import Commercial Joint-Stock Bank (EIB) dropped 2.8 percent to 17,100 dong, the lowest level since Feb. 28. Eximbank, as the bank is known, was cut to hold from buy at ACB Securities Co., according to an e-mailed report yesterday.

To contact Bloomberg News staff for this story: Diep Ngoc Pham in Hanoi at

To contact the editor responsible for this story: Darren Boey at

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