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Monday, October 7, 2024

FRT shares eligible for margin trading

The Saigon Times

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HCMC – The Hochiminh Stock Exchange has reinstated margin trading eligibility for FRT shares of FPT Digital Retail JSC.

FRT had been restricted from margin trading due to negative after-tax profit reported in its reviewed semi-annual 2023 financial statement.

In its latest 2024 semi-annual report, the company recorded net profit of VND65.5 billion, reversing a loss of VND223.68 billion from the previous year.

SSI Securities is now offering margin trading support for FRT shares at a rate of 40%.

Closing the trading session today, October 7, FRT edged down by VND100 per share, or 0.06%, over the previous session, with a trading volume of 341,700 shares.

With 170 winners and 202 losers, the VN-Index moved sideways on Monday, dipping by 0.67 point, or 0.05%, to 1,279.93 points.

Trading volume and value declined by 11% and 13.7% over the previous session, with 542.6 million shares worth VND11.85 trillion changing hands. Block deals accounted for VND1.11 trillion of the overall value, with 45.4 million shares transacted.

Securities stocks bucked the market downtrend. ORS was the most actively traded stock in the sector, with a matching volume of 14 million shares. ORS rose by 3.8% to VND14,900 per share. Securities broker VND added 2.05% to close at VND14,950, while VIX inched up by 0.4% to VND11,850 per share.

In contrast, bank stocks had a mixed performance, with some large-cap stocks such as VCB and BID closing lower. However, VPB, TPB, SHB, STB and MSB remained among the most actively traded stocks on the southern market. VPB took the lead by liquidity with 25.9 million shares traded but closed flat. TPB increased by 1.4%, STB rose by 2.1%, and MSB inched up by 2.8%.

The Hanoi Stock Exchange saw 66 advancers and 58 decliners. The HNX-Index also edged down by 0.21 point, or 0.09%, ending at 232.47 points, with a trading volume of 40.5 million shares valued at VND804.91 billion.

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