NEX Drops 4.5% after SET Extends “Cash Balance” Measure to 22 Feb.

NEX Drops 4.5% after SET Extends “Cash Balance” Measure to 22 Feb.

The share price of Nex Point Public Company Limited (NEX) fell ฿0.25/share or 4.55% to ฿5.25/share with a trading value of 28 million baht as of 9:35 local time in Thailand on Tuesday, February 2, 2021.

 

The decline in share price followed the Stock Exchange of Thailand’s announcement yesterday to extend the cash balance measure on NEX and NEX-W2 from February 2 to February 22, 2021.

The Stock Exchange of Thailand put NEX on a cash balance on January 12, 2021, due to an unusual movement of prices and trading volumes compared with the previous trading sessions.

 

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