Thai Stock Market Roundup November 22, 2019

– SET closed at 1,597.72 points, increased 5.86 points or 0.37% with a trading value of 42.2 billion baht. The analyst stated that the majority of regional markets closed higher as well as the Thai stock market after the Chinese Vice Premier Liu He invited the U.S. officials to Beijing for further negotiation, which temporarily eased the market’s tension for over a week. The date for this meeting had yet to be confirmed, but it was expected to be before next Thursday which would be the American Thanksgiving.

– Local Institutions made a return to net buy Thai shares at a total value of 2.3 billion baht, buoyed SET Index to close nearly 6 points higher.

– INGRS established a new subsidiary to manufacture and supply automotive stamping components.

– BCP entered a repurchase program for 70 million shares.

– BGRIM’s subordinated perpetual debentures achieved ฿8bn offering, paving ways for further expansions in the business.

– APP closed the day at ฿3.04/share, increased ฿0.58/share or 23.58% higher than its IPO while expecting a 15% growth in 2020.

– SISB hit an all-time high at ฿9.30, expecting 20% of revenue growth in 2020.

 

Top 10 Most Impact Shares on November 22, 2019