Thai Stock Market Roundup January 9, 2019

– BJCHI signed ฿281 million contract to provide fabrication and supply of wellhead.

– Kasikorn Asset sold 0.021% shares of PLANB with 4.9951% remaining.

– MM established a new subsidiary, MM FR SAS, to rent estates in Paris for F&B businesses.

– Nomura upgraded target price of BWG to ฿2.02/share, seeing the share had low P/E and its profit was increasing continuously.

– TU, ASIAN, CFRESH all rose after EU lifted warning on Thai seafood industry.

– PIMO hit the floor from a huge selloff after its P/E went over 200x.

– MK established “Health And Wellness Village” as medical facilities.

– SAAM unveiled three power plant development businesses with strong projection in the future.

– PSTC received an approval on the Environmental Impact Assessment report (EIA) for the project.

– Hospital stocks fell after the Central Committee on Prices of Goods and Services Price approved the measurement of price control on the hospital’s medicines and service fees.

– STI booked ฿730 million from One Bangkok Phase 1 project, increasing its backlog to ฿1.45 billion.

– Proprietary trading and foreigners poured ฿1.4 billion to sink SET by 3pts.

– SET closed at 1,590.50 points, fell ฿3.50 or 0.22% with ฿46.5 billion in value. The market was hit from the selloff of hospital stocks after the Central Committee on Prices of Goods and Services Price approved the measurement of price control on hospital’s medicines and service fees.

 

Top 10 Most Impact Shares on January 9, 2018