Thai Stock Market Roundup Oct. 26
A short summary to inform you of what had happened in Thai stock market on October 26, 2019.
– MONO is on the path to overthrow channel 3.
– “Piti Sithi-Amnuai” stepped up as BBL’s Chairman.
– Northeast Rubber Public Company Limited (NER) will make an initial selling for its IPO on October 29-31, 2018 at ฿0.50/share.
– SEC reported 9 insecure ICO as follows: 1) Every Coin 2) Orientum Coin or ORT Coin 3) OneCoin and OFC Coin 4) Tripxchain Coin or TXC Coin 5) TUC Coin 6) ICO by G2S Expert 7) ICO by Singhcom Enterprise 8) ICO by Adventure hostel Bangkok 9) ICO by Kidstocurrency
– KTB’s analysts reported lower export to China which was an effect from the trade war.
– Maybank recommended T-BUY “PTTEP” with target price at ฿160.00/share from strong earning in 4Q18.
– Foreign Investors Plunges SET Further with ฿3.3bln. Selloff!
– SET closed at 1,628.96 points, sank 15.37 points or 0.93% with ฿40.9 bln. in total value. Investors were worried about the trade talk between U.S. and China after the U.S. said that there will be no meeting until China come up with a specific plan to stop allegedly stealing technology.