Thailand's Stock Market Sees First IPO of 2026 Underperform
Economy

Thailand's Stock Market Sees First IPO of 2026 Underperform

Phatra Group (PHAT), the first company to list on Thailand's Stock Exchange's Market for Alternative Investment (MAI) in 2026, saw its shares decline below the initial offering price. This IPO slump continues despite a rise in the SET Index.

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