86 stocks had margin trading cut off by HoSE in June

The Ho Chi Minh City Stock Exchange (HoSE) has just announced a list of additional stocks that are not eligible for margin trading. In particular, MCM of Moc Chau Dairy Cow Breeding JSC has been added to the list of stocks with margin cut.

Moc Chau Dairy Cattle Breeding Joint Stock Company (MCM) was added to HoSE's margin cut list (Photo TL)

Previously, 110 million CMC shares were transferred from UPCoM to HoSE. MCM's first trading session on HoSE is June 25, 2024 with a reference price of VND42,800/share.

The reason MCM was put on the margin trading suspension list is because this stock has been listed for less than 6 months on the HoSE.

With the addition of MCM to the list of stocks with margin trading cut-off, the number of stocks with margin cut-off at HoSE has reached 86. Among them are many stocks that are of interest to investors such as FRT, HVM, HNG, HAG...

The reasons given by HoSE include: securities under warning, control, or trading restrictions; negative after-tax profit on financial statements, audit reports with exceptions from the auditor; listing time less than 6 months...

Source: https://www.congluan.vn/86-ma-co-phieu-bi-san-hose-cat-giao-dich-ky-quy-trong-thang-6-post301564.html