Thai Stock Market Roundup Nov. 14
A short summary to inform you of what had happened in Thai stock market on November 14, 2018.
– MSCI Global Standard welcomed GULF and MTC, Global Small Cap accepted CBG, MBK and PRINC, but kicked CCET, DDD, ICHI, MONO, VNG out.
– RATCH halted 12MW wind farm in Australia after the turbine caught fire!
– SAMTEL was awarded with meter maintenance project from PEA.
– SUPER invested 4.79 billion to build the solar farm in Vietnam with a total capacity of 136.72MW. It was estimated to start its feeding on June 30, 2019.
– THAI’s pilots abandoned silky wings for “low cost airlines”.
– Brokers chanted “BUY CPALL” in unison after an outstanding 3Q performance!
– CPALL revealed 4% growth of profit in 3Q18 to relieve investors from anxiety.
– GLOW’s 3Q profit plunged by 12% to ฿2.11 billion.
– SPALI faced 41% plummet of profit in 3Q18 due to lower income and higher expense.
– As expected from GULF’s 3Q profit to grow 78%, reaching ฿1.2 billion and entered MSCI Global Standard.
– EPCO booked ฿26.73 million of profit from its 3Q18 performance.
– RATCH’s 3Q18 profit fell 17% to ฿1.68 billion from ฿2.03 billion in 3Q17.
– BA turned around in 3Q18 to gain ฿36.3 million of profit, compared to ฿157.28 million of loss in 3Q17.
– ANAN’s 3Q profit jumped 6 times to ฿980 million after an early recognition of income from its projects.
– OCEAN followed the palm oil stocks to plunge in 3Q18 with 63% of the loss to reach ฿14.52 million of deficit.
– U’s deficit decreased to 388.24 million or 26% after receiving income from its international business.
– CHEWA’s 9M18 jumped 9 times to reach ฿244 million, while aiming to establish 9 new projects with ฿8.4 billion.
– Foreign investors were back on their continuous selloff track with 1.75 billion on November 14, 2018, plunging SET 7.48 points or 0.45%
– SET closed at 1,652.30 points, fell 7.48 points or 0.45% with ฿44.9 billion in total revenue. The main reason for the fall is due to the oil crude price that keeps plunging continuously, causing alarm to global markets and investors.
10 Most Impact Shares on November 14, 2018
