Thai Stock Market Roundup Nov. 2
A short summary to inform you of what had happened in Thai stock market on November 2, 2018.
– SCCC boasted 44% growth in 3Q18 profit from cost saving and international sales.
– NER sold all 600 million IPO, aimed for the first trade day on November 7, 2018.
– IVL inked its 9th acquisition in Brazilian fiber business and aimed for FTA with Latin America countries.
– SCC formed 3 new establishments to enter digital retail and solutions businesses.
– Acquisition of 1800MHz spectrum poisoned ADVANC to lose 9% YoY of profit in 3Q18.
– TCC fell 12.50% to close at ฿0.70/share after hitting the floor yesterday.
– The local institutions went on for a three day straight, led the proprietary trading for the total of ฿3.5bln. in purchasing.
– SET closed at 1,681.84 points, up 14.29 points or 0.86% with ฿60.8bln. in total value. The market surged following yesterday’s Wall Street, while good sentiment came in around noon after the Washington reportedly drafting a possible trade deal with China.
Top 10 Most Impact Shares on November 2, 2018