Vietnam index falls 0.3 pct; BIDV outperforms on dividend plan

Reuters

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Vietnam index falls 0.3 pct; BIDV outperforms on dividend plan
Vietnam's benchmark VN Index lost 0.32 percent on Friday, coming down from a near four-month high the previous day, with lender BIDV bucking the trend to reach its highest since May 7 on news of its 2013 dividend plan.
The bank was up 3.38 percent, with 17.4 million shares traded, the highest volume in four months, Reuters data showed.
BIDV will pay 850 dong ($0.04) per stock, or 8.5 percent of face value, as its 2013 dividend for shareholders, the Hanoi-based lender said on its website on Friday.
The index may continue to fall as trade has been slow and selling was on the increase in the past few sessions, analysts and traders said.
Here is a snapshot of the VN Index at the close (0801 GMT).
VN Index
600.14
PREV. CLOSE 602.06
% CHANGE -0.32%
HIGH
605.78
LOW 600.14
Change (%) 1-mnth 5.673
Change (%) 3-mnth 5.539
Change (%) 1-year 21.83
52-week high 609.46
25-Mar-14
52-week low 462.13
30-Aug-13

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