Thai Stock Market Roundup on February 18, 2021

– SET Index closed at 1,511.03 points, decreased 3.88 points or 0.26% with a trading value of 97.6 billion baht. The analyst stated that the Thai stock market moved in sideway trends, similar to the regional markets after the U.S. bond yield continued to edge higher, which pressured the stock market. Meanwhile, the Thai stock market faced a profit taking after surging above 1,500 points. The fund inflow continued to flow in Asia, but only a few entered Thailand.

The analyst advised investors to keep monitoring the earnings season of listed companies in the Thai stock market while waiting for another positive catalyst as a new driver. Tomorrow’s session is expected to move sideway with a support level at 1,510 points and a resistance level at 1,525 points.

– Foreign Investors and Local Institutions combined a 2.7 billion baht selloff to plunge SET Index by 3.88 points.

– DOHOME’s 2020 net profit surged to ฿727Mn despite the impact of Covid-19.

– A full-year contribution from “Nam San 3A” and “Lomligor” pushed BCPG’s 2020 profit up 6%.

– INSET’s 2020 earnings expanded 13% to ฿135Mn, offering both stock and cash dividend.

– NER’s 2020 profit soared 60% to ฿858Mn, offering a Bt0.15 dividend payment.

– BH’s 2020 earnings plunged 68%, offering a dividend of ฿2.05/share.

– OR bounced back 2.54% after 2020 earnings at ฿8.8Bn beat forecasts.

– KISS’s 3Q20 earnings jumped 68%, setting to kick off Its first trading day on February 19, 2021.

– STA jumped 26.09% to Bt43.50 in anticipation of importing and growing hemp.

– “A.JAKA” appointed “Sinwattana” as an equity crowdfunding platform.

– CP Foods Wang Somboon Farm certified for cage-free farming practice.

– WHAUP signed a MoU with Ban Chang Municipality for a wastewater reclamation project.

– Stocks in Focus on February 18, 2021: STA (Kasikorn Securities TP at ฿55.00/share) and ESSO (KGI Securities TP at ฿9.90/share).

 

Top 10 Most Impact Shares on February 18, 2021