The VN Index (VNINDEX), the benchmark measure of the Ho Chi Minh City Stock Exchange, fell 0.95 percent to 475.54.
PetroVietnam Drilling & Well Services Joint-Stock Co. (PVD VN), which offers technical services to the oil and natural-gas industry, sank 5 percent to 40,200 dong. The company canceled a planned $200 million overseas bond sale, the Lao Dong newspaper reported today, citing unidentified company officials.
Phuoc Hoa Rubber Joint-Stock Co. (PHR) , the country’s biggest listed rubber company by market value, dropped 4.2 percent to 34,000 dong, poised for the biggest decline since Feb. 28. Its first-quarter income slid 14 percent to 169.1 billion dong ($8.1 million), according to an exchange filing.
Vietnam Sea Transport & Chartering Joint-Stock Co. (VST) , a shipping services provider, known as Vitranschart, slid 3.9 percent to 4,900 dong. The company had a net loss of 20.8 billion dong in the first quarter, compared with a profit of 3.93 billion dong in the same period last year, according to a statement on the exchange’s website.