Thai Stock Market Roundup Nov. 21
A short summary to inform you of what had happened in Thai stock market on November 21, 2018.
– It was one for the investors’ nightmare as Dow and S&P 500 lost all their 2018 gains, while Asia markets followed the trend and plunged heavily in the morning session.
– KBANK Fund top up its SPALI’s share to hold a total of 5%
– MPIC aimed to remove “C” sign by reducing registered and paid-up capital.
– OISHI’s profit fell to 1.01 billion from 1.45 billion YoY from lower sales and service. The company still ensured investors by providing a ฿1.90/share dividend, XD Dec. 13, 2018.
– KTB expected Monetary Policy Committee to raise interest rate by 0.25% in December.
– THCOM is in trouble after the Ministry of Digital Economy and Society had approved international satellites to start its commercialization in Thailand.
– Local individuals found the best time for speculation when the market touched 1,600 points and finished the day as the only buyer for ฿1.33 billion.
– SET made a technical rebound in the afternoon session after seeing good sentiment from HSI and Dow Jones futures, along with the report of 8.7% growth on export, which made SET to close at 1,617.33 points, increased 5.30 points or 0.33% with ฿47 billion in total value.
Top 10 Most Impact Shares on November 21, 2018