Stock Exchange of Thailand (SET) warns investors to be cautious with Miss Grand International (MGI) shares, as their price soared 256% in just five days of trading on the Market for Alternative Investment (MAI). The SET issued this warning on Wednesday, as MGI shares continued to rise.
The stock hit a ceiling of 20.10 baht, but quickly dropped to 13.60 baht before closing at 17.60 baht. The SET advises investors to carefully consider the fundamentals and trading conditions of MGI before making investment decisions. In other news, SCG Decor (SCGD) shares fell by 12.7% on their debut on the SET. Finansia Syrus Securities identifies SCGD as having strong fundamentals, with projections of future growth.
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