Thai Stock Market Roundup March 20, 2019

– HYDRO announced to increase its capital by 412 million shares, offered to right offering and private placement.

– TACC added more new products to 7-Eleven, confident in 20% revenue growth.

– TVO projected sales growth after invested ฿770 million to increase its production capacity.

– MEGA invested ฿120 million for mechanical maintenance while aiming to introduce more new products.

– JCK aimed for capital increase by selling 214 million shares to private placement to increase the company’s liquidity and future business expansion.

– MPC maintained the policy rate at 1.75% as inflation projection in line with forecast.

– SEC pushed IFEC’s Boards to submit the financial statement otherwise, the company would be revoked from listed companies.

– SUSCO opened B20 high-speed diesel gas station to reduce PM 2.5

– ESTAR projected 2019 sales to reach ฿3 billion with five upcoming projects worth ฿4 billion.

– Positive sentiment for palm oil related companies as the government was onsite to solve the price crisis, promoting the usage of B20-B100 oil instead.

– Foreign Investors switched to a net sell of 1.4 billion to plunge SET by 2.47pts after a one day buy on yesterday.

– SET closed at 1,627.62 points, decreased 2.47 points or 0.15% with ฿36.4 billion in value. The index moved in a narrow range after a high jump on yesterday and slow down on the investment to wait and see how the election will turn out.

 

Top 10 Most Impact Shares on March 20, 2019