VIG: Explanation for the floor plunge for 5 consecutive sessions.
On 28/12/2011, Viet Nam Industrial & Commercial Securities JSC explained the stock floor plunge for 5 consecutive sessions from 19/12/2011 to 23/12/2011 as follows:
In the last 3 months of 2011, the stock market continuously decreased, VIG stock with many other stocks fell along with the market that discouraged the investors from holding stocks any longer. The year 2011 was a very hard year for securities companies, most of which didn’t make profits. Besides, the trading of VIG shares on the market is decided by investors and out of company’s control.
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