NVL and HPX stocks escape warning, NVL immediately hits ceiling

11/02/2023 13:11 Nhat Linh Print article

ANTD.VN - NVL and HPX stocks will be removed from the warning list from tomorrow, November 3.

Ho Chi Minh City Stock Exchange (HOSE) has just announced to remove HPX shares of Hai Phat Investment Joint Stock Company (Hai Phat Invest) and NVL shares of No Va Real Estate Investment Group Joint Stock Company ( Novaland ) from the warning list since November 3 because the companies have resolved the cause leading to the warning status of their securities.

Novaland shares hit ceiling

Previously, Hai Phat Invest and Novaland sent official dispatches to the State Securities Commission, the Vietnam Stock Exchange and the Ho Chi Minh City Stock Exchange about having resolved information disclosure violations and requested to remove HPX shares from the warning list.

NVL shares were put on warning status from April 25, 2023 due to late submission of audited financial statements for 2022 by 15 days compared to the prescribed deadline. HPX was put on warning status from July 11, 2023 due to not holding the Annual General Meeting of Shareholders more than 06 months from the end of the fiscal year.

Currently, NVL shares are still on the list of stocks ineligible for margin trading announced by HoSE in early October because the stock is under warning.

As soon as the information was announced, NVL shares jumped to the maximum (6.87%) to 14,000 VND/share, with the remaining ceiling price buy orders at the end of the morning reaching more than 4 million units. The matched volume in the morning reached more than 23.6 million shares.

Meanwhile, HPX is still under trading restrictions.

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