|
|
Article: Prices fall on three firms' debuts.
- Article from:
- Bangkok Post (Bangkok, Thailand)
- Article date:
- December 23, 2005
CopyrightCOPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Dec. 23--Three newly listed companies saw their share prices fall below their initial public offering prices yesterday, with analysts blaming sluggish market sentiment ahead of the year-end holidays.
The car-seat manufacturer Interhides (IHL) opened trade at 17.90 baht, lower than its IPO of 18.25 baht, before closing at 16.60, down 9.04 percent. CSP Steel Centre (CSP) closed off 13.33 percent from its IPO price at 2.60 baht, down 40 satang, compared with its IPO of three baht.
The MAI-listed TRC Construction (TRC) opened trade at 1.72 baht, up slightly from its IPO of 1.70 baht, but ended lower at 1.42 baht, down 16.47 percent.
"I think the ...
Related newspaper, magazine, and journal articles:
|
|
Article: Bangkok Post, Thailand, business briefs bonus ...
Knight Ridder/Tribune Business News;
October 19, 2004 ;
700+ words
...Bangkok Post, Thailand Knight Ridder ... of 15.36 billion baht, a rise of 67 percent ... auctioned six billion baht in 182-day bills ... yesterday at 99.50 baht, down 50 satang. To see more of the Bangkok Post, or to subscribe to ...
|
|