PTT Group Buoys the Thai Stock Market amid Surging Oil Prices as Brent Jumps to $67.43

Stocks in PTT Group buoyed the Thai stock market to open with a drop by 1 point or 0.10% amid negativity in the regional markets.


The share price of PTT Public Company Limited (PTT) rose ฿0.75/share or 1.88% to trade at ฿40.75/share at the open on Friday.

PTT Exploration and Production Public Company Limited (PTTEP) rose ฿2.50/share or 2.20% to trade at ฿116.00/share.

PTT Global Chemical Public Company Limited (PTTGC) rose ฿1.00/share or 1.58% to trade at ฿64.25/share.

PTT Oil and Retail Business Public Company Limited (PTTOR) rose ฿0.25/share or 0.84% to trade at ฿30.00/share.

Brent rose to 67.43 dollars a barrel this morning, while WTI traded at 64.47 dollars a barrel. The surge was due to the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+)’s agreement to extend most oil output cuts into April.

As of 10:10 local time in Thailand, SET Index turned positive at +0.78 points or 0.05% at 1,534.89 points.

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