Thai Stock Market Roundup December 23, 2019

– SET closed at 1,573.57 points, increased 0.65 points or 0.04% with a trading value of 42.8 billion baht. The analyst stated that SET Index moved narrowly in today’s session while hiking around 7-8 points in the morning before dipping after the announcement of Thai exports in November that was lower than the market had anticipated.

Meanwhile, the buying pressure had started to slow down as the year end approached.

– Local Institutions, Proprietary Trading and Foreign Investors combined a net buy of 2.7 billion baht, keeping SET afloat in a volatile session.

– The “Streaming” for traders was being able to bring itself back online after an approximately 2.5 hours down.

– FORTH aimed to increase the stake in FSMART to 54.61% with an investment not over ฿210m.

– KUN’s executive purchase 23.99 million of KUN’s shares, showing confidence in the company.

– PRM signalled an outstanding performance in 4Q after fully recognizing income from all of its investment.

– BANPU signs a deal with Impact and RayongStar to install a 2,670 KW solar rooftop.

–  Thailand’s November exports fell 7.39%, imports slumped 13.78% with $548m trade surplus.

– Fitch Ratings affirmed BBL at BBB+ and AA+(tha) on “Permata” deal with stable outlook.

– BCPG initiated a floating solar at Kasetsart University with an installed capacity of 39.5 KW.