Thailand Stocks: Charoen Pokphand, CP All, KCE, PTT Aromatics
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 in Bangkok.
The SET Index rose 14.92, or 1.4 percent, to 1,100.48, extending a three-day rally to 4.7 percent.
Asian Insulators Pcl (AI) , a supplier of electrical insulators, increased 3 percent to 4.14 baht, the steepest advance since March 16. Profit in the first quarter jumped 56 percent to 60 million baht ($2 million).
Charoen Pokphand Foods Pcl (CPF) , Thailand’s largest producer of meat and animal feeds, climbed 3.3 percent to 31.5 baht. Net income in the first quarter increased 8 percent to 3.48 billion baht ($116 million), or 0.52 baht per share. That compares with a 3.39-billion baht median estimate of six analysts surveyed by Bloomberg.
CP All Pcl (CPALL) , the country’s largest convenience store operator, gained 2.2 percent to 45.75 baht, the highest close since April 20. Profit in the first quarter climbed 24 percent to 2.08 billion baht.
CS Loxinfo Pcl (CSL) , an Internet service provider, rose 4.9 percent to 5.40 baht, the largest increase since Feb. 16. Profit in the first quarter climbed 21 percent to 104.5 million baht.
KCE Electronics Pcl (KCE) , an electronic part maker, dropped 4.1 percent to 8.15 baht, the most since Feb. 24. Profit in the first quarter fell 16 percent to 152.2 million baht.
PTT Aromatics & Refining Pcl (PTTAR) , the operator of Thailand’s second-biggest refinery, jumped 3.2 percent to 40.75 baht, the highest level since April 29. Net income in the first quarter more than doubled to 4.98 billion baht on higher sales. That compares with a 4.86 billion-baht median estimate of eight analysts surveyed by Bloomberg.
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