Thailand Stocks: Central Pattana, Indorama, PTT, Thai Airways

Thailand’s SET Index fell 3.88, or 0.4 percent, to 1,005.12 at the 4:30 p.m. close. The gauge gained 2.1 percent this month, a sixth monthly advance.

MSCI Inclusion: Thai Airways International Pcl (THAI TB), the country’s largest carrier, jumped 6.3 percent to 55 baht, the highest since September 2004. Indorama Ventures Pcl (IVL TB), the nation’s biggest maker of chemicals used in plastic bottles, climbed 6.4 percent to 53.75 baht.

MSCI Inc. said Nov. 10 that Thai Airways and Indorama will be included in the MSCI Thailand Index as of the close today.

Central Pattana Pcl (CPN TB), Thailand’s largest shopping mall developer, fell 5.4 percent to 26.25 baht, the most since May 24. The company plans to spend 42.2 billion baht ($1.4 billion) between 2011 and 2014 to build new stores and renovate existing properties. The company plans to fund 16 new projects with bonds, loans, internal cashflow and the sale of real estate investment trusts, according to a presentation to investors posted on the Stock Exchange of Thailand’s website.

PTT Pcl (PTT TB), the nation’s biggest energy company, dropped 1.6 percent to 309 baht, the first decline in three days. The company sold 10 billion baht of bonds to retail investors, the company said in a regulatory filing. It offered the bonds in two series, with maturities of four years and 15 days and seven years and 15 days.

To contact the reporter on this story: Anuchit Nguyen in Bangkok at anguyen@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net

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