HCMC – GELEX Electric will stop trading its GEE shares on the Unlisted Public Company Market, or UPCoM, on July 18, for listing on the Hochiminh Stock Exchange (HOSE).
The Hanoi Stock Exchange has approved the delisting of GELEX Electric (stock code GEE) shares from UPCoM. As a result, 300 million GEE shares will have the final trading session on UPCoM on July 18.
On July 2, the Hochiminh Stock Exchange (HOSE) approved the listing of 300 million GEE shares on HOSE.
GELEX Electric JSC, a subsidiary of Gelex Group (stock code GEX), was established on August 29, 2016, specializing in manufacturing and trading electronic measuring equipment.
GEE shares have been traded on the UPCoM exchange under the Hanoi Stock Exchange (HNX) since March 8, 2022. Closing the trading session on UPCoM today, July 12, GEE shares fell by 2.48% day-on-day to VND39,300.
On the southern exchange, the VN-Index lost 3.05 points, or 0.24%, against the day earlier due to widespread selling pressure, closing the trading session at 1,280.75 points, with 140 winners and 298 losers.
The trading volume exceeded 606.3 million shares worth VND15.3 trillion, down by 13% in volume and 17.63% in value against the previous session. Block deal transactions contributed over VND1.49 trillion to the overall value.
Only nine stocks in the VN30 basket rose today, while 16 others fell into negative territory, sending the index down by 4.5 points compared to yesterday.
GVR and VIC performed the best in the basket with respective increases of 2.6% and 1.6%. On the contrary, BVH, MSN, and HPG experienced the deepest declines at 1.2% to 1.3%.
The steel stocks HPG and HSG were most actively traded in the market, with trading volumes reaching around 18 million units. HPG fell by 1.2%, while HSG rose by 0.2%.
The HNX-Index inched down by 0.37 points, or 0.15% day-on-day, at 245.02 points. More than 51.23 million were traded on bourse, valued at VND1.03 trillion.
