Thailand Stocks: Bangkok Bank, Thai Airways, Thanachart Capital

Shares of the following companies had unusual moves in Thailand trading. Stock symbols are in parentheses and prices are as of the 4:30 p.m. close.

The SET Index rose 2.56, or 0.2 percent, to 1,109.92, the fifth days of gains and the highest since Aug. 13, 1996.

Bank of Ayudhya Pcl (BAY) , Thailand’s fifth-biggest lender by assets, advanced 2.7 percent to 28.25 baht, the highest since Nov. 8, 2007. The lender had a first-quarter profit of 2.81 billion baht, compared with an analyst estimate of 2.67 billion baht, the company said today in a regulatory filing.

Bangkok Bank Pcl (BBL) , Thailand’s largest bank, fell 2.7 percent to 177.50 baht, the most since March 31. Net income was 6.47 billion baht ($216 million) in the first quarter, less than the 6.84 billion-baht median estimate among eight analysts surveyed by Bloomberg.

Krung Thai Bank Pcl (KTB) , Thailand’s second-biggest bank, increased 2 percent to 20.20 baht, after saying first- quarter profit rose 79 percent as income from loans surged.

Thai Airways International Pcl (THAI) dropped 1.3 percent to 39 baht. The nation’s largest airline filled 73 percent of its seats in March, a 7.4 percent drop from the same month last year, as demand declined following Japan’s earthquake and tsunami disaster. The carrier has lost about 600 million baht in revenue on routes to Japan since the March 11 quake, President Piyasvasti Amranand said.

Thanachart Capital Pcl (TCAP) , a Thai financial company, fell 3.1 percent to 31.75 baht, the most since March 15, after saying profit fell 15 percent. Thanachart is trading without the right to its latest dividend.

To contact the reporter on this story: Tony Jordan in Bangkok at tjordan3@bloomberg.net; Weiyi Lim in Singapore at wlim26@bloomberg.net

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

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