SABUY Slows Down by 4.5% on the Listing of Level 2 Surveillance Criteria

The share price of Sabuy Technology Public Company Limited (SABUY) dropped ฿0.25/share or 4.55% to ฿5.25/share in the morning session on April 2, 2021, after being listed a level 2 of the market surveillance criteria.

 

Yesterday, the Stock Exchange of Thailand announced that SABUY will be listed in a level 2 of the market surveillance criteria, which would exclude the security from credit limit and cash balance from April 2 to April 22, 2021 due to unusual movements of prices and trading volumes.

 

SABUY first traded in the Thai stock market on November 11, 2020, with an IPO of ฿2.50/share.