The Hanoi Stock Exchange (HNX) recently published a list of 72 stocks ineligible for margin trading in Q3 2024, an increase of 3 stocks compared to the previous list released at the beginning of Q2 2024.
These stocks primarily consist of those under warning, control, or restricted trading status, such as AAV, AMV, API, APS, BNA, C69, CJC, DS3, ECI, HDA, KKC, KSQ, MST, OCH, PV2, SD6, and SDU, among others.
Additionally, stocks of companies that reported a negative net profit for 2023 in their semi-annual or annual 2023 financial statements or received a qualified opinion from their auditing firm are also ineligible for margin trading. This includes stocks like MBG, NHC, KTT, PEN, SMT, TBX, and TKU.
Moreover, the Q3 list of stocks ineligible for margin trading includes stocks of listed companies that have received conclusions from tax authorities regarding violations of tax laws. This applies to stocks such as NRC, TMX, and VNT.
As per regulations, investors are prohibited from using the credit limit (financial leverage or margin) provided by brokerage firms to purchase these 72 stocks listed as ineligible for margin trading on HNX.
Prior to this, the Ho Chi Minh Stock Exchange (HOSE) had released a list of 79 stocks ineligible for margin trading in Q3 2024, including well-known stocks like FRT, ITA, HBC, HAG, SMC, HVN, and TVB. Consequently, the total number of stocks ineligible for margin trading on Vietnamese stock exchanges at the beginning of Q3 amounts to 151.
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