Thai Stock Market Roundup September 26, 2019
A short summary to inform investors of what had happened in the Thai stock market on September 26, 2019.
– SET closed at 1,636.75 points, increased 8.37 points or 0.51% with a trading value of 47.2 billion baht. RHB Securities (Thailand) stated that the direction of the Thai stock market was in line with the regional market after the U.S. reported that the trade deal could be achieved earlier than expected. While investors expected more window dressing before the end of the third quarter. RHB expected the market to continue its gain for the remaining trading days in September.
– Foreign Investors made a return to purchase Thai shares at a total value of 318 million baht.
– BGC invested 35 million baht to acquire 26% of “BSR” to strengthen the management of raw material to BGC.
– GSC recalled ฿130m as shareholders disapprove provision of financial assistance to ACAP.
– EGCO commenced operation of 500 MW power plant in the Philippines, aiming to book revenue in 4Q.
– SUSCO planned to record a net project for the next five years while aiming to invest 2 billion baht for gas stations and new businesses,
– ASIAN aimed to propose EGM with a new company Name “Asian Sea Corporation PCL”.
– NOK is confident that the performance in 4Q19 will recover while preparing a recovery plan to the Board of Directors.
– SENA established four projects worth 8 billion baht with a campaign to boost sales.
– Analyst saw positive gain for ADVANC in 3Q after settling the dispute. Thus, given a “BUY” rating at ฿260.00/share.
– S invested 15 billion baht to expand the commercial business, aiming to establish a mixed-use “S Oasis” at a value of 3.68 billion baht.
– Central Court gave an order to revoke the construction permit of JCK’s project “Mahadlekluang 2 Residences”.
Top 10 Mist Impact Shares on September 26, 2019