Thailand’s Stocks: Ch. Karnchang, Sri Trang Agro, Thai Film

Thailand’s SET Index rose 6.66, or 0.6 percent, to 1,040.72 at the 4:30 p.m. close, the highest since Nov. 10.

Rubber producers: Sri Trang Agro-Industry Pcl (STA TB), Thailand’s biggest publicly traded rubber producer, gained 5.7 percent to 37.25 baht, a record. Thai Rubber Latex Corp. (Thailand) Pcl (TRUBB TB) rose 2.7 percent to 7.5 baht.

The cash rubber price in Thailand, the world’s biggest producer, climbed to a record 135.55 baht ($4.52) per kilogram today, according to the Rubber Research Institute of Thailand.

Ch. Karnchang Pcl (CK TB), the country’s second-largest publicly traded construction company, climbed 1 percent to 9.8 baht, the highest close since Nov. 5. The company had its share- price forecast raised to 12.50 baht from 11.40 baht at Bualuang Securities Pcl, which said government projects will boost the company’s earnings.

Thai Film Industries Pcl (TFI TB), a Thai maker of packaging films, dropped 6.2 percent to 2.72 baht, the lowest close since Nov. 24. The Stock Exchange of Thailand required investors to pay cash upfront before placing orders to buy Thai Film’s stock from today to Dec. 24.

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.