THAI Hits the Ceiling with 14.67% Gain, Expecting Stimulus Plan to Support Airline Biz!

THAI Soars 14.67%, Hitting the Ceiling in Anticipation of Stimulus Plan to Support Airline Business!

The share price of Thai Airways International Public Company Limited (THAI) rose ฿0.54/share or 14.67% to ฿4.22/share, hitting the ceiling in the morning of Monday trading session.

The rising of THAI’s share price was viewed by analysts which expected today’s Cabinet meeting to introduce a stimulus plan to remedy those affected by the outbreak of coronavirus, which would include airline business, especially Thai Airways, the stated-airline.