STGT-STA Extend Gains amid Concerns over Omicron Variant
The share price of STGT and STA continued to rise amid concerns over the Covid-19 omicron variant weighing the market down.
The share price of Sri Trang Gloves (Thailand) Public Company Limited (STGT) extended its gain on Monday in concerns over the new Covid-19 omicron variant still weighing the market down as the virus is now discovered in European countries.
As of 10:33 local time in Thailand on November 29, 2021, the share price of STGT rose ฿1.00/share or 3.25% to ฿31.75/share with a trading value of 1,136 million baht. STGT extended its gain from a 9.82% gain last Friday.
Meanwhile, STGT’s parent company, Sri Trang Agro-Industry Public Company Limited (STA), also saw a surge in share price as well. The company’s stocks gained ฿1.00/share or 3.20% to ฿32.25/share with a trading value of 357 million baht. The share price of STA continued to rise from a 3.31% gain last Friday.
