Thai Stock Market Roundup Nov. 16
A short summary to inform you of what had happened in Thai stock market on November 16, 2018.
– APM was awarded a financial advisory license from Securities and Exchange Commission of Cambodia.
– PTG scrapped ethanol business with Eiamburapa and takeover the subsidiary to find a better return.
– Credit Suisse maintained outperform rating on CPALL, giving target price at ฿79.00/share.
– COMAN joined AIsoft in 51% stake to advance in online booking service and establish a subsidiary to provide hardware for restaurants.
– IVL asserted that the fire incident at the chemical plant in Rotterdam would not affect the utilization of the plant.
– SEC charged EARTH’s executives regarding the falsely increasing amount of liabilities in the amount of ฿26,000 million.
– DCORP hit the floor from a huge selloff after a disappointment in 3Q18 statement.
– A good opportunity to buy “GULF” after the shares plunged three days straight. Analysts said the revenue would come from its COD in succession.
– RP’s ferry engine room up in flame and injures 3 passengers.
– Local institutions continued its ฿1.3 billion selloffs, while foreign investors slow their selling to only ฿300 million.
– SET closed at 1,635.00 points, fell 3.83 points or 0.23% with ฿37.1 billion in total value.
Top 10 Most Impact Shares on November 16, 2018
