PTT, PTTGC and PTTEP Plunge after WTI Prices Plummet 2% as Fear over Coronavirus

Regarding to the report, the share price of PTT Public Company Limited or PTT today closed at its lowest level at 43.50baht/share dropped 1.75baht/share or 3.87% with the trading value of 3.6 billion baht.

PTT Global Chemical Public Company’s share price closed at 48.75baht/share fall 1.75baht/share or 3.47% with total trading value of 1 billion baht. The lowest point of PTTGC’s share price was at 48.25baht/share.

Meanwhile PTT Exploration and Production Public Company Limited (PTTEP) has closed at 122.50baht/share declined 6.00baht/share or 4.67% hit its lowest at 121.00baht/share with the total trading value of 2.6 billion baht.

The importance factor of energy stock fell caused by WTI Crude price in which the electronic trading has plunged more than 2% in today early morning. The coronavirus outbreak raised a concern amid the investors as it could effect on the demand of oil consumption.