Bloomberg News

Vietnam’s Stocks: Danang Rubber, Ho Chi Minh City Securities

March 30, 2012

Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the 11:30 a.m. break in Ho Chi Minh City. The VN Index (VNINDEX), the benchmark measure of the Ho Chi Minh City Stock Exchange, fell 0.2 percent to 438.66, poised for a 25 percent gain this quarter, the best three-month performance since September 2009.

Danang Rubber Joint-Stock Co. (DRC) , dropped 1.8 percent to 27,400 dong, heading for the lowest close since March 21. The company forecast pretax profit will fall 13 percent to 230 billion dong ($11.1 million) this year, it said in a statement on the exchange’s website.

Ho Chi Minh City Securities Corp. (HCM) , a stock brokerage, fell 1.7 percent to 17,900 dong, poised for the lowest close since March 15. The company got the exchange’s approval to list 1 million new shares, it said in a statement on the bourse’s website, without providing a timeframe.

To contact Bloomberg News staff for this story: Nguyen Kieu Giang in Hanoi at

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

The Aging of Abercrombie & Fitch
blog comments powered by Disqus