IBC: Explanation for plummeting to floor prices

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IBC: Explanation for plummeting to floor prices

HOSE - 12/8/2022 3:10:00 PM

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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.

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