Thai Stock Market Roundup January 21, 2019

– China reported its 4Q18 GDP to be in-line with expectation at 6.4%, while the market was hoping for an economic stimulus plan from China to boost Asia market.

– BBL grew 7% of profit in 2018 to ฿35.3 billion from operating income and lower NPL ratio.

– KKP booked ฿6 billion of profit in 2018, raised 5% from interest income.

– TCAP’s 2018 profit jumped 12% to ฿7.8 billion from higher interest income.

– “Prasert” and “Poramaporn” resigned from BDMS on the accusation of BA’s shares manipulation.

– THANI grew 46% in 2018, soaring above ฿1.64 billion from higher income while its cost decreased.

– TKN asserted that its product safe according to global safety standard, while aiming to debut a new low-calorie product.

– Local institutions buoy SET with ฿2.86 billion buy, fending a selloff from the other investors.

– SET closed at 1,588.38 points, increased 4.61 points or 0.29% with ฿45.1 billion in value. The oil crude price is hiking sending positive sentiment to investors in the sectors while the report of in-line expectation of China’s 2018 GDP buoys all Asia markets to close higher.

 

Top 10 Most Impact Shares on January 21, 2019