Thai Stock Market Roundup May 9, 2019
A short summary to inform you of what had happened in Thai stock market on May 9, 2019.
– SET closed at 1646.80 points, decreased 7.21points or 0.44% with a trading value of THB 45.09 billion.
Global markets have been declining during an ongoing trade war between U.S. and China.
After last night, Trump tweeted China broke the deal which causes volatility in the market while Dow future sank 200 points.
–Institutions and Foreigners poured THB 3.2 billion while individuals speculated for THB 2.9 billion lowered SET to 7.21pts
– Trump claimed China “Broke the Deal”. The statement from the President shook global markets again today.
– DOD was confident in 2Q19 performance and awaited to acquire a big lot order THB 60 million.
– SEAOIL aimed for multi-well exploration/appraisal drilling to increase oil production
– Robust performance of power plants in Thailand/Japan buoyed BCPG’s 1Q profit by 28.7%.
– GPSC’s 1Q profit up 2% to THB 942 million, reported THB 888 million in revenue from GLOW’s electricity sales.
– BCPG viewed 1Q performance a good start, aimed for higher revenue in Q2 from “LomLigor”.
– LPN reported 17% growth in profit at THB 350 million from income recognition of completed projects.
Top 10 Most Impact Shares on May 9, 2019
