Thursday, 08/12/2022 15:14

IBC: Explanation for plummeting to floor prices

Apax Holdings Joint Stock Company explained the decrease in the floor prices in five consecutive trading sessions from November 30 to December 06, 2022 as follows:

The stock price of IBC decreased in the recent trading sessions due to the investor sentiment and negative economic outlook. The investors who borrowed on margin/mortgage were actively forced to sell from securities companies to quickly recover their loans and this situation continues to happen.

HOSE

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