JTS Jumps 17.5% as Investors Speculate following the sSET Addition
JTS soared ฿4.75/share or 17.59% to ฿33.50/share as investors speculated following the sSET addition.
The share price of Jasmine Telecom Systems Public Company Limited (JTS) soared ฿4.75/share or 17.59% to ฿33.50/share as of 11:32 local time in Thailand on Tuesday, with a trading value of 148.14 million baht.
JTS’s share price surged significantly was possibly due to massive speculations after being included in the sSET index following the announcement of the semi-annual index review for SET50, SET100, sSET, SETCLMV, SETHD, SETTHSI and SETWB indices for the period of the second half of 2021 (July 1-December 31, 2021). It clearly reflects the price movement of JTS with consistent trading liquidity.
Due to JTS’s Free Float of 36.63% and monthly trading volume of more than 0.5% listed shares, which meets the SET’s criteria, investors have easy access to JTS’s information, thus making the stock more attractive for investing.