Shares in Thailand’s Sri Trang Agro-Industry (SRTA.SI), the world’s biggest rubber producer and exporter, fell 5% on Monday on the Thai stock exchange.
At 11:08 a.m., the shares were down 4.3% at 33.50 baht (US$1.08), having fallen 5% shortly after the opening bell.
Its newly listed stock in Singapore (SRTA.SI) opened at $1.15 or about 4.2% below the IPO price of $1.20, which was roughly equivalent to 29 baht.
At 11:10 a.m. they had risen to $1.23.

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