Thai Stock Market Roundup March 8, 2019

– BTS–STEC rallied as CP Group tended to lose High-Speed Railway project.

– MINT projected to grow 10% of revenue in succession in 2019-2023, invested 15 billion to penetrate international hotels and restaurant business.

– TSR advanced in “Home Shopping” market, expected to buoy 2019 revenue by 20%

– CHO fell 1.66% to ฿1.19/share as BMTA revoked the E-Ticket services from all buses.

– COL asserted a 10% growth of income in 2019, targeting to establish 22 branches and listing Mep Corporation in stock market within this year.

– Foreign Investors distanced from Thai Stock after a continuation of ฿524 million net sell today.

– SET closed at 1,630.12 points, slipped 3.09 points or 0.19% with 34.3 million in value. On the bright side, SET performed far better when compared to other major indices in Asia. Nikkei fell 2.01%, SSEC plunged 4.40%, HSI slipped 1.91%, ASX 200 dipped 0.96% and Kospi lost 1.31%.

One of the main reason of a selloff in the stock market today was due to the report of bad Export data from China that declined by 20% in February, which was worse than the expectation previously predicted at 4.8% fall while import also fell by 5.2% from the expectation of 1.4% fall.

Top 10 Most Impact Shares on March 8, 2019