Thailand Stocks: PTT, PTT Exploration, Jasmine International

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 fell 11.70, or 1.1 percent, to 1,046.16, the lowest close since March 29.

Oil companies: PTT Pcl (PTT) , Thailand’s biggest oil company, declined 1.2 percent to 343 baht, the lowest close since March 22. PTT Exploration & Production Pcl (PTTEP) , the nation’s only publicly traded oil explorer, declined for a third day, losing 1.1 percent to 174 baht, a one-week low.

Crude oil dropped for a second day in New York, extending last week’s 0.4 percent decline, on signs of a slowdown in demand as OPEC ministers arrived in Vienna to discuss production quotas.

Jasmine International Pcl (JAS) , an Internet service provider, gained 5.5 percent to 3.06 baht, the highest close since May 9, after the company said in a regulatory filing that it will write off 155.2 million shares that it bought back from investors.

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

To contact the editor responsible for this story: Reinie Booysen at rbooysen@bloomberg.net.

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