Thai Stock Market Roundup February 22, 2019

– PTT gained slightly lower of profit in 2018, recorded ฿120 billion and Offered a dividend payment at ฿1.20/share.

– SYNEX’s sales and services stayed strong as its 2018 profit rose 16% to ฿722 million.

– The higher expense and FX caused BANPU to report a 15% decline of profit in 2018.

– BPP’s 2018 profit edged lower by 8% to 3.81 billion, still proposed a dividend payment at ฿0.30/share, XD April 10, 2019.

– SPRC booked 8% less of profit in 2018 from stock loss.

– A report came in that China was aiming to buy more U.S. agricultural products worth $30 billion.

– Thai export dropped 5.6% in January, signaled for the end of baht appreciation.

– GLOW closed the deal and readied to merge with GPSC after ethically sold SPP1 to BGRIM under ERC’s condition.

– Thai market could be entering “Bear Market” as international security companies downgraded recommendations and target prices of major listed companies.

– PTG assured on 20% revenue growth in 2019, moving on the plan to expand oil station to 2,000 stations.

– Foreign Investors return to put their interest in Thai stocks, finished the day with ฿3.2 billion buy.

– SET closed at 1,659.20 points, jumped 11.88 points or 0.72% with ฿50.7 billion in value. The index closed slightly lower in the morning session, but started to rally in the afternoon after Chinese shares rebounded as optimism over trade talks reasserted itself. Meanwhile, European stocks also started the day in positive territory as well.

 

Top 10 Most Impact Shares on February 22, 2019