Thai Stock Market Roundup January 10, 2019

A short summary to inform you of what had happened in Thai stock market on January 10, 2019.

Hospital stocks were hospitalized after a huge plunge at the opening bell on January 10, 2019.

– “Medicine Price Control” would cripple hospital’s profit, while LPH was estimated to lose 12% of profit.

SIRI formed “Siri Smart Five” as property developer for the company and businesses in the future.

MACO was aiming for a capital increase with 412.67 million shares by offering to RO 10:1 at ฿1.60/share.

AJA hit the ceiling for the second day. Analysts saw as buy the dips.

MTC projected the company will reach a new high in both revenue and profit, while aiming to establish 300 more branches.

DTAC slumped 9% after proposing ฿9.5 billion as compensation to settle disputes with CAT. The settlement will be initiated after receiving approval from its shareholders at the Annual General Meeting of Shareholders.

Institutions hit the market with ฿2 billion selloff to sink SET by 3 points.

SET closed at 1,587.63 points, plunged ฿2.87 or 0.18% with ฿53.5 billion in value as volatility hit Asia markets. Meanwhile, investors are still waiting for an in-depth detail of the meeting between the U.S. and China early this week.

 

Top 10 Most Impact Shares on January 10, 2018

 

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