Thai Stock Market Roundup Dec. 17
A short summary to inform you of what had happened in Thai stock market on December 17, 2018.
– BCP established four new subsidiaries to invest in New Start-up, innovation-related companies, with ฿20 million registered capital.
– IRPC booked ฿325 million from asset disposal to its parent company, “PTT”.
– CGD prepared to book 3.2 billion of income from “Chao Phraya Estate” next year, setting a target in 2019 to grow all-time high.
– BEAUTY faced trouble as brokers forecast the share will be removed from SET50 next year.
– ECF fell 23% after the rumored of failing in buying STREK’s stake spread.
– SEC approved Global Service Center (GSC)’s filing to enter mai next year with 90 million IPO.
– GULF issued not exceeding ฿10 billion debentures for institutions and major shareholders.
– SELIC’s shareholders approved the company to take over PMC’s business to further its Adhesive sticker business.
– EA, STAR, PPPM signed a joint venture for a ฿470 billion mega project in Laos.
– Individuals kept on buying the dips as institutions insisted on a non-stop selling.
– PTTEP rebounded to gain 2.5% along with BDMS and PTT to hold the index above 1,600 points.
– SET closed at 1,601.48 points, fell 7.97 points or 0.50% with ฿39.7 billion in total value. The fall was not from the internal issue, but as the world economy started to slow down, the enthusiasm for investing went with it. SET index still closed the day above the 1,600 support level.
Top 10 Most Impact Shares on December 17, 2018
