Thai Stock Market Roundup April 11, 2019
A short summary to inform you of what had happened in Thai stock market on April 11, 2019.
– 3 fire incidents occurred under 24 years operation of CPN, which led to an average of 5% plummet in shares.
– Article 44 struck! Extending 900MHz license to 10 installments for TRUE, ADVANC, DTAC also compensating 11 digital TV operators for recalling 700MHz.
– The UK will hold European Parliament election in May as Brexit got an extension until Halloween.
– PTT stated that there were still delays regarding the process of listing PTTOR in the market.
– Foreign Investors set a 3-day buying streak, combining with Prop Trade for a total of THB 862 million.
– SET closed at 1,659.09 points, dropped 3.04 points or 0.18% with a trading value of THB 40.7 billion. Market saw volatility after minutes of the Fed’s March monetary policy meeting released yesterday which revealed that Fed officials were leaving room for possible interest rate hikes by the end of the year but currently do not expect to make any changes. SET Index also received negative sentiment from China’s consumer inflation in March that reached a 5-month high on the back of higher food prices.
Top 10 Most Impact Shares on April 11, 2019
