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 HCM City.
The VN Index (VNINDEX), the benchmark measure of the HCM City Stock Exchange, rose 0.2 percent to 431.76.
Pacific Property & Infrastructure Development Joint-Stock Co. (PPI VN), a HCM City-based construction company, fell 3.1 percent to 6,200 dong, heading for the lowest close since June 14. Vietnam Rubber Finance Co. cut its stake in the company to 5.4 percent, from 9.9 percent, Pacific Property said in a statement filed on the exchange’s website.
Societe de Bourbon Tay Ninh Joint-Stock Co. (SBT VN), Vietnam’s largest-listed sugar company, added as much as 1.1 percent to 18,400 dong before trading at 18,300. Raw-sugar futures for October delivery climbed 4 percent to 20.79 cents a pound in New York, the biggest gain since June 6.