Thai Stock Market Roundup October 22, 2019
A short summary to inform investors of what had happened in the Thai stock market on October 22, 2019.
– SET closed at 1,631.46 points, increased 10.68 points or 0.66% with a trading value of 38.8 billion baht. The Thai stock market closed higher after a report overnight stated that the U.S. President Donald Trump was ready to sign the deal (partially) with China to ease the trade war. However, the trading value was considerably low due to the certainty of the Brexit deal that the British parliament still has yet to vote on how to exit the bloc.
– Institutions bought back for 821 million baht to buoy SET after a selloff yesterday.
– BFIT’s 3Q19 profit rocketed near 2 times after booking higher interest and fee income.
– High operating and interest income hike CIMBT’s profit in 3Q19 by 68%.
– STARK’s shareholders approved the reduction of registered capital to compensate for the accumulated loss.
– The fee exemption of Visa on Arrival had been approved to extend to April 30.
– Stocks in Focus on October 22, 2019: KBANK (KGI Securities TP ฿213.0/share) and JMT (Maybank TP ฿21.60/share).
Top 10 Most Impact Shares on October 22, 2019
