A Glimpse of Profit-Taking in DELTA Drags the Share Price Down by 3.7% at Midday

The share price of Delta Electronics (Thailand) Public Company Limited (DELTA) fell ฿14.00/share or 3.74% to ฿360.00/share with a trading value of 957 million baht at the closing of the morning session on Tuesday.

 

The share price came out of a six-day winning streak with a total gain of ฿146.00/share or 64% during December 2-14 in which DELTA was able to reach a record high at ฿406.00/share during the session on December 9, 2020, but closed lower at ฿343.00/share.

DELTA has been on investors’ radar after the addition to MSCI at the end of November and FTSE SET Large Cap, effectively December 21, 2020. Meanwhile, it is forecasted to be included in SET50 in the upcoming adjustment.