Thai Stock Market Roundup Nov. 7
A short summary to inform you of what had happened in Thai stock market on November 7, 2018.
– BCPG’s profit grew 5 times in 3Q18 to reach ฿1.14bln. mainly due to the gain from solar assets disposal at Nagi and Nikaho in Japan.
– GLAND boasted 117% gain in 3Q18 profit from changes in fair value.
– Oil price has poisoned AMA’s profit to plunge 60% from ฿54 million in 3Q17 to ฿22 million in 3Q18.
– GGC’s 3Q18 profit reached ฿185 million, up 239% from well cost management.
– CMC set its IPO at ฿3/share, and will open for initial sell on 8-13 November.
– ATP30’s 3Q18 profit increased by 28% to ฿10.69 million, gaining profit from the business expansion in tourism.
– PTTGC’s well management in sales helped the company to gain 29% more profit in 3Q18 to reach ฿12.8bln.
– NER faced disappointment after falling 20.16% on its first trading day from ฿2.58/share to ฿2.04/share.
– Proprietary trading led the team together with foreign investors and local individuals to rescue SET back on its feet with a total of ฿2.6bln. in value.
– SET closed at 1,675.33 points, up 6 points or 0.36% with ฿50.6bln. in total value. The market rebounded after 0.17% decline in the morning session when the 2018 midterm election in the US had come to an end with Democrats held the power in the House of Representatives and Republicans maintained its stance in the Senate.
Top 10 Most Impact Shares on November 7
