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Vietnam index dips 0.2 pct at midday on profit taking
January 22, 2014 / 5:00 AM / 4 years ago

Vietnam index dips 0.2 pct at midday on profit taking

HANOI, Jan 22 (Reuters) - Vietnam's benchmark VN Index
 was down 0.19 percent at the break on Wednesday as
investors took profit from blue chips that gained strongly over
the past few weeks.
   Steel producer Hoa Phat Group plummeted 6.48
percent, food producer Ma San Group dropped 2.59
percent and real estate firm Vingroup fell 0.63
    Gains in some other blue chips stemmed the fall, including
top insurer Baoviet Holdings, which rose 1.69 percent. 
    Property firm Tan Tao Investment and Industry Corp 
surged 4.29 percent, extending a strong rise in the previous
    According to analyst Vu Tran Vinh Thuy of Dai Viet
Securities, ITA's rise was due to news it would this month be
added to the VN30 Index, which features the biggest stocks and
best performers on the Ho Chi Minh Stock Exchange.
    Here is a snapshot of the VN Index at midday (0431
                 VN Index       558.83            
              PREV. CLOSE       559.91            
                 % CHANGE       -0.19%            
                     HIGH       564.61            
                      LOW       553.86            
        Change (%) 1-mnth       10.994            
        Change (%) 3-mnth       11.632            
        Change (%) 1-year       25.039            
             52-week high       560.18   21-Jan-14
             52-week low        440.48   23-Jan-13
 (Reporting by Mai Nguyen; Editing by Martin Petty)

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