Thai Stock Market Roundup Oct. 17
A short summary to inform you of what had happened in Thai stock market on October 17, 2018.
– DTAC faced ฿921M. avalanche in 3Q18 due to depreciation and amortization.
– DTAC (solely) officially submitted the documents for 900MHz auction.
– IRPC invested ฿770M. to advance in E-Commerce plastic business with the Chinese firm.
– PTG invested ฿3.3M. to develop communication tools & equipment in gas stations.
– TRC earned ฿600M. after acquiring engineering, procurement, construction & system installation for lubricants distribution center project from PTTOR.
– TMB booked ฿5.6bln. to showing its 3Q profits soared beyond 1H18, however, the profits were extraordinary items from TMBAM deal, which caused TMB’s shares to stumble.
– SIRI aimed to launch two new townhouse projects worth ฿3.5bln.
– Foreign investors and local individuals join in a selloff for 4.4 billion baht, causing SET to close 2.83 points lower.
– SET closed at 1,695.04 points, dropped 2.83 points or 0.17% with 53 billion baht in total value.
