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Vietnam stock index gains as REEs boost capital.
HANOI : Vietnam's stock index ended up for a fourth straight session on Thursday as investors rushed to buy Refrigeration Electrical Engineering Co (REE) after it announced it would boost its capital, brokers said.
The Vietnam Index rose 2.78 points, or 1.42 percent, to close at 197.89, with nine of the 12 listed shares ending up. Two shares closed limit down and the other was flat.
Volume increased to 138,000 shares, valued at 3.76 billion dong ($247,759), from 126,300 shares on Wednesday.
Brokers said investors sought to buy REE after it said it would raise its capital by 50 percent by issuing shareholders with one new share for every two held. …
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