Thai Stock Market Roundup Nov. 22
A short summary to inform you of what had happened in Thai stock market on November 22, 2018.
– Fed is likely to pause rate hikes, giving investors a breather. The positive sentiment from Wall Street should support Europe and Asia markets as well.
– GOLD will issue a dividend of ฿0.46/share, XD December 13, 2018.
– BR’s Boards had approved a 43 million shares share repurchase.
– CHAYO aimed to increase its capital for ฿56 million in order for investment and business expansion.
– RICHY expected 2018 revenue to reach ฿3 billion, an all-time high, along with its 4 new projects worth ฿10 billion in 2019.
– CGS-CIMB gave “CP” a potential winner in the auction for high-speed railway project, while upgrading CK’s share rating, seeing ฿11.5B. backlog is on the way.
– A huge selloff in the afternoon session caused GLAND to swing more than 20%
– SKE aimed to sell 100% of its compressed biomethane gas to PTT to advance in NGV gas station in the south area of the north-east region of Thailand.
– Foreign investors’ ฿1.27 billion sudden selloffs in the afternoon session along with ฿800 million from proprietary trading had plunged the market by 0.80%
– SET closed at 1,604.40 points, decreased 12.93 points or 0.80% with ฿35.2 billion in total value. The fall was mainly due to the selloff of big cap shares that pulled the market down.
Top 10 Most Impact Shares on November 22, 2018
