More than 70 stock codes continue to have their margin cut by HoSE in the third quarter of 2023

Recently, the Ho Chi Minh City Stock Exchange (HoSE) announced a list of securities that are not eligible for margin trading. Accordingly, there are 76 securities codes that are not eligible for margin trading in the third quarter of 2023, the total number has increased by 2 codes compared to the number in the list announced at the beginning of the second quarter.

These are mainly familiar stocks that are under warning or control such as ABS, APC, AST, BCE, CIG, DXV, EVG, FDC, GMC, HVN, ITA, LDG, OGC, POM, PPC, PVP, SCD, SJF, TDH, TGG, TTF, VCA, VNL,...

VDS stock of Rong Viet Securities is the only securities company stock that has its margin cut, the reason is that this code is under warning status, unable to trade on margin, 2 codes HAG of Hoang Anh Gia Lai and HNG of HAGL Agrico also continue to have their margin cut in the third quarter under warning status of HoSE.

In addition, there are still familiar names on this list such as GAB and AMD of the FLC family, HBC of Hoa Binh Construction, HPX of Hai Phat, IBC of Apax Holdings,...

Finance - Banking - More than 70 stock codes continue to have their margins cut by HoSE in the third quarter of 2023 — Some fund certificates have their margin cut on HoSE.

In addition, the list of 76 stocks with margin cut in the third quarter also includes a series of fund certificates whose net asset value (NAV) calculated per unit of fund certificate is smaller than the par value based on the monthly net asset value change report for 3 consecutive months (FUEKIV30, FUEKIVFS, FUEIP100, FUEDCMID, FUCVREIT, FUCTVGF3) or newly listed fund certificates such as FUEMAVND, FUEFCV50.

Some stocks such as TTB and EMC also had their margins cut due to the suspension of trading or delisting of their securities. These are all businesses with negative profits of parent company shareholders/after-tax profits on the audited consolidated financial statements for 2022.

According to regulations, investors will not be allowed to use the credit limit (financial leverage - margin) provided by the brokerage securities company to buy 76 stocks that are classified in the list of securities not eligible for margin trading .

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