Thailand Stock Market Roundup Sep. 25
A short summary to inform you of what is going on in Thai stock market on September 25, 2018.
– IVL forms USA subsidiary to further innovation of sustainable polyester resin.
– ILINK wins 22kV power station construction/renovation bidding for ฿65M.
– Auto Corp Holding submits a filing to SEC for 156M. IPO to expand the business in showrooms & services.
– RS partners with Fai-Weluree, James-Ruangsak and Pete Thongchua to promote health & beauty market, confirming a new high as expected.
– NPPG debut A&W Express, opening a grab & go shop in Metro Mall (MRT)
– BANPU maybe better than you have thought it would be after it has been recognizing an income from the natural gas plant in the U.S.
– The market could not hold the 1.78 billion baht selloff from the local institution and closed 1.43 point lower than yesterday.
– SET closed at 1,747.99 points, 1.43 or 0.08% lower than yesterday with 42.2 billion baht in value. Investors still worried about the U.S. and China trade war, since the tariffs from both sides have been effective yesterday, and there were not any movements from both sides, yet. Only China who came out and said that they are willing to negotiate only if the U.S. lower its aggression and make a fair deal.