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The VN Index, the benchmark measure of the Ho Chi Minh City Stock Exchange, gained 0.4 percent to 366.03, snapping eight days of losses. The gauge dropped 3 percent this week, a second weekly decline.
PetroVietnam Drilling and Well Services Joint-Stock Co. (PVD),, which offers technical services to the oil and natural gas industry, rose 4.9 percent to 34,600 dong, the biggest gain since Sept. 19. The company will buy back 826,950 shares from Dec. 22 through March 21, it said in a statement on the bourse’s website.
Khanh Hoi Import Export Joint-Stock Co. (KHA), which manufactures and exports agricultural and aquaculture products, increased 1.2 percent to 8,200 dong. The company will pay its shareholders a dividend of 500 dong a share on Jan. 12, according to a statement filed on the exchange’s website.