Thai Stock Market Roundup April 5, 2019
A short summary to inform you of what had happened in Thai stock market on April 5, 2019.
– CP Consortium reached the ฿225 billion High-Speed Rail deal while ITD and CK will also receive ฿50 billion for the construction project.
– Board of Directors of EMC approved the resolution to sell an asset for a total of THB 590 million.
– Trump said that the trade deal might be reached in 4 weeks.
– BEM, ITD, and CK rose 2.04%, 0.89%, and 1.81% respectively after CP Consortium reached the High-Speed Rail deal.
– CPF made an expansion for its food chain by signing 60% to acquire Korean restaurant “Dak Galbi”.
– ITD established a new subsidiary to support its railroad construction.
– Theresa May wrote a letter to the EU asking for an extension until June 30, 2019.
– Institutions returned for THB 762 million net buy while Foreign Investors kept pouring for THB 438 million.
– SET rebounded to close at 1,646.18 points, increased 1.96 points or 0.12% with a trading value of THB 27 billion. Finansia Syrus states that the market today has low volume due to the upcoming long holiday which aligns to other major indices in the region that move in narrow range. However, there is a positive sign from the US after President Donald Trump said that the deal could be reached in four weeks.
Top 10 Most Impact Shares on April 5, 2019
