STGT Debuts Its First Trading Day with a Soaring 62% Gain!

Sri Trang Gloves (Thailand) Public Company Limited (STGT) kicked off its first trading day with a gain of ฿21.25/share or 62.50% to ฿55.25/share at the open. The highest share price as of 10:05 was ฿60.25/share, increased 77.20%, and the lowest was ฿55.25/share.

 

STGT manufactures and distributes medical examination latex gloves and other industrial latex gloves. Its main products include natural latex powdered gloves, natural latex powder-free gloves and nitrile gloves.

The company is a subsidiary of Sri Trang Agro-Industry Public Company Limited (STA), in which the latter holds 50.75% of STGT’s issued ordinary shares.