Bloomberg News

Vietnam’s Stocks: Ben Thanh Rubber, Minh Phu Seafood

July 13, 2012

Shares of the following companies had unusual moves in Vietnamese trading. Stock symbols are in parentheses and prices are as of the 2:15 p.m. close in Ho Chi Minh City. The VN Index (VNINDEX), the benchmark measure of the Ho Chi Minh City Stock Exchange, rose 2 percent to 416.98, the biggest advance since May 25. The gauge added 0.4 percent this week.

Ben Thanh Rubber Joint-Stock Co. (BRC) climbed 4.4 percent to 12,000 dong, the highest close since June 25. Vietnam Rubber Group plans to raise its stake in the company to 25 percent from 15.4 percent from July 16 through Aug. 14, Ben Thanh said in a statement on the bourse’s website.

Minh Phu Seafood Joint-Stock Co. (MPC) , the country’s second-biggest listed seafood company, increased 2.8 percent to 29,000 dong, the highest close since July 2. Major shareholder Red River Holding raised its stake in the company to 9.47 percent from 9.05 percent, according to a statement filed on the exchange’s website.

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

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