Home THE DAILY EDGE Business Sri Trang Agro-Industry shares fall 5% in Bangkok: corrected
Sri Trang Agro-Industry shares fall 5% in Bangkok: corrected

Tags: Sri Trang Agro-Industry

Written by Reuters   
Monday, 31 January 2011 11:18
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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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Last Updated on Wednesday, 02 February 2011 14:49