Thai Stock Market Roundup April 23, 2019

– SISB’s first trading day in SET, which closed flat at 7.60/share, the highest was ฿7.80/share while the lowest was ฿7.60/share. Analyst recommended “BUY” at TP ฿8.84/share.

– SISB was confident that the revenue would be over THB 1.1 billion and revealed the international market expansion that continued to grow.

– NFC aimed to invest THB 1.57 billion in a fuel depot at Rayong.

– ALL set IPO price at ฿4.90/share, looked for a funding amount of THB 735 million to develop new project.

– BBL expected a constant growth of revenue in 2Q19 while acquiring projects from government, keeping NPL at 3.5%

– EFORL advanced international market, heighten “Wuttusak” products while expecting to unlock “C” sign in this year.

– PTG cooperated with BAY for the new deposit and withdraw service at Max Mart.

– KBANK launched “KBANK Service” 24 hours deposit through every 7-eleven in Thailand.

– SET signed MoU with SZSE to strengthen Thailand-China capital market collaboration.

– GULF Commences Commercial Operation of 50 MW TTCIZ-02 Power Project ahead of Schedule

– VRANDA set IPO price at THB 10.00/ share and revealed over 6 times subscription from funds to emphasize business growth.

– Individuals kept plunging SET, taking profit for THB 164.88 million while Foreign Investors continue to invest in Thai market for THB 594.11 million.

– SET closed at 1,671.31 points, fell 2.17 points or 0.13% with a trading value of THB 41.6 billion. Thai market had a similar performance as yesterday when there was no new major factor to buoy the market which led to investors selling the rips. However, there were some positive sentiment over the rise of oil price as investors anticipated all buyers would cease to import oil from Iran.

 

Top 10 Most Impact Shares on April 23, 2019