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The hike might be due to the announcement from the Monetary Policy Committee (MPC) which had voted 5 to 2 to reduce the policy rate by 0.25 percentage point from 1.75 to 1.50%.
SONIC’s first trading day was not going as expected. The share closed at ฿1.84/share, plunged ฿0.11 or 5.64% after its smooth opening that gained 10%, and reached ฿2.14/share.
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