The Ho Chi Minh City Stock Exchange (HOSE) has recently announced a supplementary list of securities ineligible for margin trading.
The newly added securities include: FCM (shares of FECON Joint Stock Company), HAS (shares of HACISCO Joint Stock Company), PGV (shares of Power Generation Corporation 3), QCG (shares of Quoc Cuong Gia Lai Joint Stock Company), SGR (shares of Saigon Real Estate Corporation), and TMT (shares of TMT Motor Joint Stock Company). These securities have reported negative post-tax profits of the parent company in the reviewed consolidated financial statements for the first six months of 2024.
Recently, HOSE also added three stock codes to the margin-cut list, namely: TLH (shares of Tien Len Steel Group Joint Stock Company), EVE (shares of Everpia Joint Stock Company), and STK (shares of Century Yarn Securities Joint Stock Company). These additions were made due to similar reasons as mentioned above.
As of August 30, 2024, the total number of securities ineligible for margin trading on HoSE stands at 95. The reasons for being cut off from margin trading on HOSE include securities under warning/control/restricted trading status, negative post-tax profits, audited financial statements with opinions from the auditing firm, and a listing period of less than six months.
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