Thai Stock Market Roundup October 11, 2019
A short summary to inform investors of what had happened in the Thai stock market on October 11, 2019.
– SET closed at 1,626.00 points, jumped 18.50 points or 1.15% with a trading value of 61.6 billion baht. KT Zmico stated that the market was supported by the energy sector that made a huge jump after oil price hiked 2% from the news of Iranian oil tanker exploded near Saudi Arabia’s port. The cause of the explosion had yet to be confirmed.
Moreover, the market had a positive factors since the opening after the U.S. President Donald Trump tweeted that the trade talks were going well and he would meet Chinese VP Liu He today.
However, KT Zmico stated that the increase could be a short-term hike as the 3Q19 financial report of listed companies had yet to be released and the overall outlook is still going downward.
– Local Institutions made a huge purchase for a total of 5,545 million baht after, led the group in buying for the second day after a huge selloff last week.
– The coming of AWC sacked KKP off SET50 while pushed BEAUTY off SET100.
– TMB-T1 to be traded on October 15, exercise date on November 25.
– BGRIM named Best Solar Power Developer in 2019!
– SCN invested 51% in a joint venture in the “Solar Rooftop” business, aiming to reach 110 MW of generation capacity within four years.
– Lower provision expense hiked TISCO’s 3Q19 profit by 3.5% to ฿1.8bn while NLP dropped 13%.
– RATCH announced, “Yandin Wind Farm” will commence in 2020 after completion of equity close.
Top 10 Most Impact Shares on October 11, 2019
