Pornprom SatrabhayaThe Stock Exchange of Thailand (SET) has warned investors to be cautious when trading Delta Electronics (DELTA) shares after its price spiked 33%, from 560 baht to 746 baht, over the past trading week. Pakorn Peetathawatchai, the SET president, urged investors to carefully study risks before trading DELTA as its price and trading volumes had posted unusual increases. During Friday's morning trading session, DELTA ranked second among listed companies with a trading value of 2.37 billion baht. With the surge in trading value, the company's market capitalisation rose to 931 billion baht during the same period, suggesting these are unusual movements without any changes in fundamentals. With every 1% increase in these stocks, the SET Index rose 3.8 points.

Source: Bangkok Post September 05, 2021 22:52 UTC