Thai Stock Market Roundup April 19, 2019

– BBL showed the profit of Q1 operation over THB 9 billion, the total capital adequacy ratio recorded at 18.9%.

– The new labor law pressured SCB’s profit in the first quarter of 2019 to record at THB 9.2 billion, plunged by 19%.

– KBANK’s first quarter profit fell 6.7% to THB 10 billion as non-interest income plunges 19%.

– Higher income from credit card and personal loan pushed KTC’s first quarter profit jumped to 31%.

– TCAP’s 1Q19 profit hiked 6% mainly due to the decrease of impairment loss of loans and debt by 30%.

– The decrease of 15% in revenue plunged TISCO’s 1Q19 profit by 2.1% to THB 1.73 billion.

– Samsung clarified removing the device’s protective screen causes display damage.

– Sales of Ngern Tid Lor doubled BAY’s 1Q profit to THB 12.7 billion by excluding it, BAY still recorded a quarterly high.

– Keep eyes on the positive impact on MSCI Thai as MSCI China All Shares tended to delay its effective date.

– TPLAS was confident in making its 2019 revenue grow 15%.

– Individuals speculated for a net sell of THB 353 million, pressured SET to close lower by 0.90 points.

– SET closed at 1,674.10 points, dipped 0.90 points or 0.05% with a trading value of THB 36 billion. Thai market faced volatility unlike the majority in Asia market that closed in positive territory. SET Index still has the momentum to continue its gain next week as the trade deal between USA and China could possibly be achieved soon.

 

Top 10 Most Impact Shares on April 19, 2019