Thai Stock Market Roundup March 2, 2020

– SET closed at 1,335.72 points, decreased 4.80 points or 0.36% with a trading value of 74.3 billion baht. The analyst stated that the Thai stock market faced volatility after a plummet of over 150 points in the past week. Thus, advised investors to monitor the development of the situation regarding coronavirus closely. However, Dow Jones Futures was able to hike over 500 points, which was considerably a positive sign. Meanwhile, investors were expecting world’s top central banks to issue a measure to remedy the market.

The analyst gave a support level at 1,320-1,300 points and a resistance level at 1,360-1,400 points.

– Foreign Investors made a net sell of 4.3 billion, plunged SET Index nearly 5 points.

– THAI diminished flights and traffics, implementing measures to manage COVID-19 impact.

– CWT showed a billion baht of backlog, advancing in waste-to-energy power plant business.

– AQUA posted a 2019 net profit of ฿580mn, issued a dividend at ฿0.03/share.

– GULF commenced the operation of 25MW “Gulf Chana Green Biomass Project”.

– TRUE’s 2019 net profit dipped nearly 20%, offered a dividend at ฿0.09/share.

– WHA reported an increase of 11% in 2019 net profit, offered a ฿0.0535 dividend.

– WHAUP recorded a decrease of net profit by 5%, Offered a dividend at ฿0.16/share.

– AMATA booked a profit of ฿1.7bn, increased 71% while offering a dividend at ฿0.25/share.

– EPCO announced a soaring profit in 2019 by 90%, Offered a dividend at ฿0.20/share.

– GRAMMY’s 2019 profit recorded a significant rise to 342฿mn, issued a dividend at ฿0.20/share.

– DDD posted a net loss of ฿54mn, offered a dividend at ฿0.125/share.

– SPA’s 2019 net profit boosted by 19% to ฿245mn, offered a cash dividend at ฿0.155/share.

– UNIQ’s 2019 net profit dropped by 8%, approved a dividend at ฿0.27/share.

– THAI reported a net loss of ฿12bn, implementing the master plan to recover business.

– NWR booked a net loss of ฿515mn in 2019.

– JKN booked a profit of ฿253mn, increased by 11%, offered a dividend at ฿0.14/share.

– Stocks in Focus on March 2, 2020: CK (Maybank Kim Eng TP at 25.00/share) and WHAUP (KTB Securities TP at ฿7.25/share).

 

Top 10 Most Impact Shares on March 2, 2020