Thai Stock Market Roundup Oct. 31
A short summary to inform you of what had happened in Thai stock market on October 31, 2018.
– Tourists flooded Thai airports, breaching its capacity. AOT gained confidence back with 8% passengers growth.
– PTTGC inked the deal to acquire 49% shares in rotomolding compound business.
– TAKUNI acquired the project continuously! The company had signed a contract for Continuous Catalyst Regeneration (CCR) and Hydrocracker Unit (HCU) for Efficiency Energy and Environment Project worth ฿312 million.
– TGPRO established a new subsidiary “World Class Smart Farm” to further its business opportunity once Thailand reaches “agriculture 4.0”.
– OSP once again stood above its IPO price, hiked 4.67% or ฿1.15 to close at ฿25.75/share.
– SEC warned investors of untrusted trading websites (investglobalmanagement.com, iqoption.com) and Facebook users (พิมพ์ นารา Pimnara Poonsawat, Befaii Suwinya)
– JKN Purchased Nakee 2 copyright for international broadcast, asserting that its 2018 revenue would grow 20%.
– OCEAN showed a successful operation in the palm oil business, while its shares rose 10.39% or ฿0.48 to close at ฿5.10/share.
– The local institutions stood alone in buying today for a total of ฿5.27bln. And helped the market to gain 1.87%
– SET closed at 1,669.09 points, jumped 1.87% or 30.58 points with ฿54.3bln. in total value. Analysts set the next resistance level at 1,670 points, which is likely to break by tomorrow.