Thai Stock Market Roundup September 9, 2019
A short summary to inform investors of what had happened in the Thai stock market on September 9, 2019.
– SET closed at 1,671.22 points, increased 1.16 points or 0.07% with a trading value of 46.7 billion baht. SET swung in a narrow gap due to no positive factor to buoy the market. Analysts recommend to keep a close eye on the ECU meeting this week and the report of OPEC oil output later this week.
– Foreign Investors lead the buying team with 900 million baht to buoy SET higher while Institutions sell the rips for a total of 1.31 billion baht.
– BGRIM revealed the investment plans while aiming to further investment in Vietnam and Thailand.
– ILINK acquired 375 million baht worth of contract for 115 kV underground cable system constructions work.
– Stocks in Focus on September 9, 2019: ORI (Krungsri Securities TP ฿10.10/share) and CHG (Krungsri Securities TP ฿2.60/share).
– M invested 2 billion baht to acquire 65% of “Laem Charoen Seafood” for business expansion.
– GUNKUL issued a debenture not exceeding 2.5 billion baht for major investors and institutions during September 30 – 2 October for refinancing and working capital.
– NOBLE aimed to cooperate with Thai and foreign partners for a project worth 15 billion baht along with the plan to acquire a business in the UK.
– D lowered its revenue estimation to 800 million baht due to baht appreciation and higher expense.
– KUMWEL opened “Kumwell Clinic Network,” appointed a service agent in Rayong to support EEC.
Top 10 Most Impact Shares on September 9, 2019