Thai Stock Market Roundup Sep. 7
A short summary to inform you of what is going on in Thai stock market on September 7, 2018.
– PTT has selected Mr. Chawalit Tippawanich to be the new CEO of GPSC
– SIRI Invests ฿10M. In Appy Corp. to Innovate Real Estate Technology
– CBG lowers its growth rate from 25% to 15-20% due to less demand in energy drinks market.
– Kansai International Airport in Japan will resume some domestic flight services on Friday after it was paralyzed by a powerful typhoon days ago.
– SELIC grows 5%, highest in 2 months.
– ECF grows 3%, highest in 11 months.
– BCH grows 3% at 19.50, an all time high.
– EA aims higher profit in 2018. COD Hanuman Wind Farm in 4Q18.
– AQ Estate: Mr. Vuttiphong Issaramalal has resigned from the position of Independence Director, chairman of the Audit committee, member of nomination and remuneration committee and member of risk management committee.
– SPA will operate a new massage service “Stretch me by Let’s Relax” in 4Q18.
– TCMC confirms ฿10 billion in revenue from increasing of carpets and furnitures reservation.
– SUPER put its 19 solar farms to in infrastructure fund, a total of 118 MW.
– SMIT is positive that its revenue would reach 2.4 billion this year from higher demand in automobile.
– GUNKUL acquires an electronics development system project from PEA worth ฿133M.
– SET closes 1,689.49, -4.45 (-0.26%), 36.4 billion baht in value. Investors are still hesitate to put their money on the market as there is no clear result of how the U.S. and China trade war will turnout.