Thai Stock Market Roundup July 1, 2019

A short summary to inform you of what had happened in Thai stock market on July 1, 2019.

SET closed at 1,740.91 points, rose 10.57 points or 0.61% with a trading value of THB 68.5 billion. Asian stocks mostly closed in positive territory from the anticipation of the renewal of trade talks, especially Nikkei and SSEC that closed +2.13% and +2.22%, respectively. European stocks also opened higher while U.S. Indices Futures all gained more than 1%.

– Fund flow from Foreign Investors pumped Thai stocks again on July 1st, adding 10.57 points to SET Index with their THB 4.69 net buy.

EARTH and IFEC sank to the bottom from a huge selloff on the 1st day of temporary trading.

SINGER closed at ฿8.20/share, jumped 10.81% after restructuring while analyst recommended “BUY” at ฿10.40 with a 30% upside.

SCB announced the sale of SCBLIFE, booking ฿9.27 billion while distributing FWD and SCB Life insurance for 15 years.

GULF Announced the COD of “GNRV2” with 128MW and 10TPH steam generation.

– GULF’s Sarath soared to take the position of the second-richest man in Thailand.