Thai Stock Market Roundup May 29, 2019

– SET closed at 1,619.36 points, decreased by 12.68 points or 0.78% with a trading value of THB 55.99 billion. SET Index sharply declined due to Donald Trump has announced the U.S. is not ready to make an agreement about the trade deal between U.S. and China while Dow Jones future plunge by 165 points or 0.65%. Meanwhile, the uncertainty of Thai political issue is the main factor to make investors feel unsecured to invest in the equity market.
– Institutions sell the rips by 4,651.55 million, plunged SET by 12.68 pts while Proprietary Trading, Foreign Investors and Local individuals scooped at a lower price.
– Watch closely! 12 MSCI stocks with a total of ฿22 billion big lot value on May 28.
– AOT’s “Nitinai” clarified the disqualification of MINT, reiterating condition of TOR.
– LPN invested ฿168 million in land purchase for new condo project on Sukhumvit Rd. worth ฿610 million.
– “Peerapong” added ฿1.99 million in BEAUTY to acquire 560,000 shares.
– EFORL cooperated with Singapore “GE Healthcare” to organize heart and cardiovascular information center.
– BGRIM forecasted the revenue in this year increase 20% as the target and implied negotiating to buy electricity power plant “SPP” 2-3 pps which it will be more clear in 3/19.
– PTG increased 5% to a new high in 10 months expected sales revenue to increase by 20% in 2/19.

Top 10 Most Impact Shares on May 29, 2019