Thai Stock Market Roundup June 17, 2019

– SET closed at 1,667.23 points, decreased by 5.10 points or 0.30% with a trading value of THB 49.42 billion. Today, Thai market closed in negative territory. Most investors awaiting the direction of Fed’s interest rate cut this week. Analyst advises keeping an eye on the oil price due to the direct impact on the share price of petrochemical sector.

–Foreign Investors switched to pour a net sell of Thai share by THB3,112.48 million while Institutions, Proprietary Trading, and Individuals speculated what Foreign Investors had sold.   

– BGRIM continuously advanced in feeding electricity and announced the COD of 677MW in Vietnam. Moreover, BGRIM boosted commercial production by 31% in Vietnam and expected high growth in 2019.

– SUPEREIF showed a sign of trouble with complicated project licenses to amend by June.

– LH closed the day at THB10.90, decrease by THB0.40 or 3.54% with a trading value of THB5,311 million. During the session, the highest of LH’s share price was at THB11.10 and the lowest was THB10.80. A decrease in the share price of LH might due to the effect from Singaporean state fund’s exit which sold all of its shares held in LH, totaling 836 million shares to book THB 9.1 billion.

– WHA set a new high at ฿4.72 and closed the day at THB4.68, increased by THB0.12 or 0.63% with a trading value of THB1,168 million. During the session, the highest of WHA’s share price was THB4.72 and the lowest was THB4.60. An increase in the sale of clothes, electricity and construction materials led WHA to reach a new high.

– CHO closed the day at THB1.04, increased by THB0.0.04 or 4% with a trading value of THB9,093 million. During the session, the highest of CHO’s share price was THB1.06 and the lowest was THB1.0. The profit of CHO in 1Q18 mainly came from domestic catering truck and bus, and truck maintenance.

– IFEC showed concern over temporary trading of SP shares, submitting a letter to SET.

 

 

Top 10 Most Impact Shares on June 17, 2019