Thai Stock Market Roundup March 29, 2019

– INGRS announced a dividend payment at ฿0.026/share, XD April 17.

– MINT confirmed a green light from SEC to issue debenture not exceeding THB 33 billion for public offering and private placement.

– CAZ answered vaguely, claimed “income received in advance” had pushed its liabilities higher, but could not give a clarification in details of the origin of these “income”

– PTT joined GULF to compete with PRM and allies for Laem Chabang Phase 3 Project.

– Foreign Investors put more trust in SET Index with a THB 1.32 billion net buy, buoyed the market by 4.40 points.

– SET closed at 1,638.65 points, increased 4.40 points or 0.27% with a trading value of THB 39.6 billion. SET Index closed in line with regional major stocks in positive territory while the European markets opened higher along with Wall Street that continues its gain after market hour.

The major factors remain the trade war which is currently being discussed in China, and to be more in details next week as Chinese Vice-President Liu He is scheduled to visit Washington. There is no certainty for Brexit as of now and the parliament will vote on indicative votes next week.

It is highly expected that MSCI will include INTUCH, RATCH, CENTEL and DTAC into the MSCI EM Index while increase more weight in Thai shares. Analysts expects more than THB 60 billion fun inflow afterward.

 

Top 10 Most Impact Shares on March 29, 2019