Thailand Stocks: Quality Houses, Thoresen Thai Agencies, TT&T

Shares of the following companies had unusual moves in Thailand trading. Stock symbols are in parentheses and prices are as of the 12:30 p.m. in Bangkok.

The SET Index was little changed at 1,028.03.

Quality Houses Pcl (QH) , Thailand’s fourth-biggest residential property developer by market value, gained 2.9 percent to 1.76 baht, the steepest advance since March 31. The company established five new subsidiaries to develop new housing projects and provide furniture-installation services, it said in a regulatory filing.

Thoresen Thai Agencies Pcl (TTA) , a shipping company, climbed 1.1 percent to 19.2 baht, bound for the highest close since June 8. It also extended yesterday’s 4.4 percent rally. The company will pay an interim dividend of 0.5 baht per share, it said in a regulatory filing yesterday.

TT&T Pcl (TTNT) , a fixed-line phone service provider, jumped 30 percent to 0.13 baht, set for the largest increase since April 2008. The Stock Exchange of Thailand allowed T&T’s shares to be traded for the last day today before suspending them until the company resolves its debt problem, the bourse said.

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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