Thai Stock Market Roundup Nov. 2

A short summary to inform you of what had happened in Thai stock market on November 2, 2018.


– SCCC boasted 44% growth in 3Q18 profit from cost saving and international sales.

– NER sold all 600 million IPO, aimed for the first trade day on November 7, 2018.

– IVL inked its 9th acquisition in Brazilian fiber business and aimed for FTA with Latin America countries.

– SCC formed 3 new establishments to enter digital retail and solutions businesses.

– Acquisition of 1800MHz spectrum poisoned ADVANC to lose 9% YoY of profit in 3Q18.

– TCC fell 12.50% to close at ฿0.70/share after hitting the floor yesterday.

– The local institutions went on for a three day straight, led the proprietary trading for the total of ฿3.5bln. in purchasing.

– SET closed at 1,681.84 points, up 14.29 points or 0.86% with ฿60.8bln. in total value. The market surged following yesterday’s Wall Street, while good sentiment came in around noon after the Washington reportedly drafting a possible trade deal with China.

 

Top 10 Most Impact Shares on November 2, 2018

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