Poor record for Apco
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Asian Phytoceuticals Plc (Apco) on Friday made a share trading debut in a lacklustre mood, as the Thai economy is reeling from the severe flooding.
The stock closed at Bt2.90, up only 3.57 per cent from the initial public offering price of Bt2.80.
Apco is a manufacturer of dietary supplements, cosmetics and personal care products developed from natural plant and botanical extracts.
The overall stock market sentiment was bearish, as floods hit more areas of the capital city. The Stock Exchange of Thailand index lost 0.25 points or 0.03 per cent to 957.31 points, on thin turnover of Bt21 billion.
