Watch Live

Tweet TWEET

Thailand Stocks: Phatra, Pruksa Real Estate, Thai Tap Water

Shares of the following companies had unusual moves in Thailand trading. Stock symbols are in parentheses and prices are as of the close in Bangkok.

The SET Index rose 1.4 percent to 973.18, the highest close since Sept. 22. The benchmark index rallied 6.2 percent this week, the biggest advance since June 2009.

Phatra Securities Pcl (PHATRA) surged 6.7 percent to 27.75 baht, the highest close since Sept. 27. Profit rose 9.6 percent to 318.6 million baht in the third quarter on higher fee income and derivatives-trading gains, the stock brokerage said in a regulatory filing.

Pruksa Real Estate Pcl (PS) lost 1.8 percent to 10.90 baht after the property developer was cut to “hold” from “buy” at Thanachart Securities Public Co.

Thai Tap Water Supply Pcl (TTW) advanced 1.2 percent to 4.92 baht. Net income climbed 8.7 percent to 553.3 million baht in the third quarter after revenue increased, the water supplier said yesterday in a regulatory filing.

To contact the reporters 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

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.