Thai Stock Market Roundup Oct. 12

A short summary to inform you of what had happened in Thai stock market on October 12, 2018.

SET Hiked right of the bat, despite the fallen in U.S. stock market.

CHOW made a quick earning, scooping ฿3.1M. from Mae Fah Luang’s solar rooftop project.

KTC 3Q18 jumped 65% net ฿1.4Bln. profit from personal loan interest and bad debt recovery.

NPPG invests ฿80M. to acquire Kitchen Plus/Baan Krua Thai restaurants.

TISCO booked ฿1.84bln. in 3Q18 from loan interest and financial lease.

– Shattering “Illusory Demand” ICHITAN” might really come to a dead end.

VGI poured 20 billion baht of investment to take over businesses and to enter joint ventures.

ECF gained 6.45% back after clearing the false rumors of Super Trade shares manipulation.

– “Nop” filed a complaint again his family, “Narongdej”, to secretly selling projects for 4 billion baht.

– Thailand is No. 2 in Alipay usage during Chinese golden week.

Rama IX hospital set its IPO at ฿11.60/share, making it initial trade on October 16-19, 2018.

– Big pocket for local institutions to finish the day with 4.7 billion baht in “buy” to rival three others who joined in a selloff.

SET rebounded to close at 1,696.16 points, jumped 13.27 points or 0.79% with 39.6 billion baht in total value. Asian markets closed above yesterday’s closing, while European markets also follow Asian’s.

 

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