CK-ITD Join a Rally over 2% after CP Consortium Reaches ฿225bln High-Speed Rail Deal

CK rose 1.81% while ITD gained 2.68% after CP Consortium reached the high-speed rail deal yesterday.

The share price of CH. Karnchang Public Company Limited (CK) and Italian-Thai Development Public Company Limited (ITD) is on a rise on April 5, 2019, after their consortium, led by Charoen Pokphand Group (CP) came to an agreement in the previous day on acquiring the High-Speed Rail Project connecting three airports from the State Railway of Thailand (SRT).

 

As of 15:00 local time in Thailand, CK has risen ฿0.45/share or 1.81% to ฿25.25/share with a trading value of THB 58 million. The highest of the day was ฿25.25/share and the lowest was ฿25.00/share.

In the meantime, ITD has hiked ฿0.06/share or 2.68% to ฿2.30/share with a trading value of THB 40 million. The highest of the day was ฿2.32/share and the lowest was ฿2.22/share.

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