Thai Stock Market Roundup Dec. 11
A short summary to inform you of what had happened in Thai stock market on December 11, 2018.
– IVL acquired German airbag fabrics company for its 10th acquisition of the year!
– 7UP disposed Mitprasong’s 4MW power plant for ฿102M. to acquire telecom and IoT company, Informatrix Plus Co., Ltd.
– Thai junta lifted the ban on political activities, clearing ways for the 2019 election.
– TRC aimed 2019 revenue to grow significantly, supporting by ฿6 billion backlogs.
– RS set 2019 revenue to reach ฿5 billion, making a new high in 37 years.
– ARROW was confident on 15% growth in revenue this year after stocking ฿400 million worth of orders and ฿900 million backlogs.
– PDI had restructured the company to focus on setting assets and lower expenses to buoy its 2019 revenue.
– Foreigners had made ฿1.59 billion purchase for 8 million shares of “KBANK-F”
– GPI signed an MOU to be the organizer of Myanmar’s first Motor Show, while aiming to advance in Asean markets.
– DDD was set to grow 20% in revenue next year, asserted that the company is in the process of purchasing new businesses.
– GUNKUL set its target in 2019 to grow 25% from full-year earning of its solar farm in Japan.
– Foreign investors poured ฿1.43 billion in a huge selloff, while local individuals took the chance to buy the dips for a total of ฿2.3 billion.
– SET closed at 1,633.62 points, slumped 16.37 points or 0.99% with ฿42.9 billion in total value from the fear of heating controversial between the US and China over trade war and arresting Huawei’s CFO.
Top 10 Most Impact Shares on December 11, 2018
