Thai Stock Market Roundup February 8, 2019
A short summary to inform you of what had happened in Thai stock market on February 8, 2019.
– It had been confirmed that Thai Princess ‘Ubolratana’ will be Thai Raksa Chart’s prime minister candidate.
– ‘Prayut’ took up the challenge by joining ‘Phalang Pracharat Party’ as prime minister candidate.
– In the morning session, SET opened 8 points lower to follow global markets concern over the trade talk between Trump and Xi that might not happen before the deadline in March.
– INGRS signed 2 agreements with Korean partners for tech support and ‘COBOT’ distributor.
– ‘Paiboon’ filed a complaint on using ‘former’ royalty for the political campaign, but ECT dismissed the file, asserted that unless the candidate lacks in qualities, the submission for prime minister candidate cannot be undone.
– SENA aimed for 22 new projects, targeting sales to reach 19.6 billion baht.
– Individuals joined foreign investors to plunge SET with a total of ฿2.15 billion selloff.
– SET closed at 1,651.68 points, skidded 1.43 points or 0.09% with ฿56.8 billion in value. The revelation of prime minister candidate was able to buoy the market, but not enough to fend off worried individuals after the European Central Bank (ECB) projected slowing European economy.
Top 10 Most Impact Shares on February 8, 2019