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SET extends curbs on margin trading in BNT Entertainment to Feb 14.
Byline: Ploy Chitsomboon
Feb. 2--The Stock Exchange of Thailand yesterday extended a ban on net settlement and margin trading for shares of BNT Entertainment until Feb 14.
Exchange officials had originally placed limits on trade in BNT shares between Jan 25 and 31, citing extraordinary changes in share prices and trading volumes.
The stock has been one of the hottest performers on the market this year, gaining over 150 percent from the end of 2004 compared with a 6 percent gain in the broad market. Gains have been largely driven by speculation of a merger by the company with an outside entertainment firm, which BNT has steadily denied.
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Source: HighBeam Research, SET extends curbs on margin trading in BNT Entertainment to Feb 14.