III Gains 36.4% in 4 Days in Anticipation of Higher Orders as Economy Recovers

The share price of Triple I Logistics Public Company Limited (III) closed at ฿6.25/share, rose ฿0.55/share or 9.65% with a trading value of 92.2 million baht.

 

The share price has been increasing four days straight since the beginning of December, increasing ฿1.67/share or 36.4% as of the closing of the morning session on Friday.

 

The analyst expected the company to receive positive sentiment from the recovery of the logistic business, which would pick up at a faster pace in 2021 due to the distribution of medical equipment for Covid-19 treatment amid global economic recovery to boost public sales and consumption, which would benefit III business as well.