Saigon Securities, PetroVietnam, Vietnam-Italy Shares On June 25

The Ho Chi Minh City Stock Exchange's VN-Index rose 7.81, or 2.1%, to close at 383.78, the biggest gain since March 10. The following shares were among the most active in the market.

PetroVietnam Drilling & Well Services Joint-Stock Co. (PVD VN), a provider of services to the oil and gas industry, gained 2,000 dong, or 2.9%, to 70,000, the biggest advance since March 26. Crude oil for July delivery yesterday touched $138.75 a barrel, the highest since reaching a record $139.89 on June 16, before settling at $136.74.

Saigon Securities Inc. (SSI VN), Vietnam's biggest publicly traded brokerage, climbed 800 dong, or 2.8%, to 29,400, the highest since June 10. Trading turnover on Vietnam's stock exchange this month averaged 387 billion dong ($23 million) per day, 46% higher than the daily average in May.

Vietnam-Italy Steel Joint-Stock Co. (VIS VN), a steelmaker based in the northern province of Hung Yen, slid 600 dong, or 2.8%, to 20,900, the lowest since the stock started trading in December 2006. Viet Nam will raise export taxes on steel ingots and scrap steel by 10%, from as much as 5%, the Tuoi Tre newspaper reported yesterday, citing a decision signed by Do Hoang Anh Tuan, deputy finance minister.