Vietnam Equity Movers: NBB Investment, Saovang Rubber

The VN Index (VNINDEX), the benchmark measure of the Ho Chi Minh City Stock Exchange, fell 0.5 percent to 399.73, snapping a five-day winning streak. The VN-30 Index (VN30), a free-float adjusted, market cap-weighted index of 30 stocks that have the highest market capitalization and liquidity on the bourse, dropped 0.4 percent to 447.47.

NBB Investment Corp. (NBB) , a Ho Chi Minh City-based property developer, rose 1.6 percent to 45,900 dong, the highest level since Jan. 10. The company’s unconsolidated net income jumped to 11 billion dong ($520,000) in the fourth quarter, from 991 million dong a year earlier, NBB said in a statement on the exchange’s website.

Saovang Rubber Joint-Stock Co. (SRC) fell 4.1 percent to 7,000 dong. Vietnam may export 778,477 metric tons of rubber in 2012, the Ministry of Agriculture and Rural Development forecast in a report on its website Feb. 3. That’s 12 percent lower than the ministry’s January estimate.