TKN Gains 5% after Reclaiming the Position in SET100

The share price of Taokaenoi Food & Marketing Public Company Limited (TKN) rose ฿0.40/share or 5.23% to trade at ฿8.05/share as of 15:13 local time in Thailand on June 17, 2021, with a trading value of 242 million baht.

 

The surge came after the Stock Exchange of Thailand (SET) announced the addition of TKN in SET100 in the upcoming semi-annual index review for the period of the second half of 2021 (July 1-December 31, 2021).

 

TKN was in the SET100 Index earlier this year, but being removed from the index in the coming of PTT Oil and Retail Business Public Company Limited (OR) under the fast-track measure to SET50, immediately pushed off the 50th position of the securities in SET50. The push off in SET50 resulted in the 100th position in SET100 to fall off the index as well, which was TKN at that time.