STGT Outperforms SET Index with a Surge Near 10% as Concerns over 2nd Outbreak Rise

The share price of Sri Trang Gloves (Thailand) Public Company Limited (STGT) outperformed SET Index on Monday, July 13, 2020, with a surge of ฿7.25/share or 9.73% to settle at ฿81.75/share and a total trading value of 2,816 million baht.

 

As of July 13, SET Index enforced a “Cash Balance” measure on STGT due to its high turnover. The measure will be lifted on August 21, 2020.

 

SET Index closed the morning session at 1,362.54 points, increased 12.04 points or 0.89%. However, the index started to decline in the afternoon session on a report of new coronavirus cases in which carriers also went out in the public, causing concerns over the possibility of a second outbreak. SET Index closed at 1,342.37 points, plunged 8.13 points or 0.60%.