CRC Rises 4% in Response to a Govt’s Tendency of Relaxing the Lockdown Measures

The share price of Central Retail Corporation Public Company Limited (CRC) in the morning session closed at ฿35.00/share, rose ฿1.50/share or 4.48%. Reached its highest level at ฿35.50/share with the total trading value of ฿924,066 million.

 

Asia Wealth Securities expects if there is a relaxation of lockdown measures in Thailand, it is positive for ADVANC, BTS, BEM, CPN, PLANB, and HMPRO. In addition, the Centre for COVID-19 Situation Administration (CCSA) prepares proposals for easing lock-down measures to the Prime Minister to consider within this week.

Meanwhile Kingsford Securities sees barber shops and shopping malls will be advantaged if the government eases the lockdown measures as those businesses likely to be unlocked first, giving a positive sentiment to stocks such as retail chains, rentals, and in-store restaurant.