STARK Plunges 88% to THB0.28 on First Temporary Trading Day

The share price of Stark Corporation Public Company Limited (SET: STARK) plunged heavily on the first trading day after the Thai Stock Exchange allowed a temporary trading for investors to buy or sell their shares on STARK after the securities were suspended by the Exchange for not submitting its earnings. 

As of 10:42 BKK time on Thursday, STARK fell THB2.10 or 88.24% to THB0.28 as investors choose a loss cutting method before the potential delisting of the securities from the exchange. 

The temporary trading session for STARK is from 1-30 June 2023 with the ceiling and floor prices of STARK’s securities on the first trading day (June 1) are not more than 100% of its last trading price. The trading can be done by a cash balance account.