Thai Stock Market Roundup Oct. 4
A short summary to inform you of what had happened in Thai stock market on October 3, 2018.
– TPBI issued 16.88 million newly ordinary shares for capital increasing, given to foreign investors.
– TEAMG booked ฿30M from SRT consultancy contract.
– EA claimed that the company has not begun the investment process on the estate currently under the dispute of local eviction.
– Nomura Sec. gave the target price of BGRIM at ฿31.10/share from U-Tapao project.
– STPI invested 530 million baht for 49 rai asset for future estate and logistic investment.
– EEC’s Boards approved 4 megaprojects worth 470,000 million baht. An invitation letter for private companies will be sent in this month.
– Bank of Thailand issued a new regulatory for real estate, included 20% down payment.
– SCC’s 2018 spread decreased from a higher oil price.
– SET continued to sink after the local institutions and foreign investors poured a huge 8.3 billion baht selloff when combined. SET closed at 1,729.40 points, 12.56 points or 0.72% lower with 64.3 billion baht in total value.