Delta Electronics, PTT Exploration, PTT: Thai Equity Preview
Shares of the following companies may have unusual moves in Thailand trading. (SET) Stock symbols are in parentheses and prices are as of the close yesterday, unless otherwise stated.
The SET Index (SET) rose 0.1 percent to 1,036.80.
Oil companies: Crude oil fell as much as 0.5 percent in electronic trading in New York today after dropping 1.4 percent yesterday.
PTT Pcl (PTT) , Thailand’s biggest energy company, increased 1.2 percent to 328 baht. PTT Exploration & Production Pcl (PTTEP) , the nation’s only publicly traded oil explorer, added 0.6 percent to 176.5 baht.
Delta Electronics (Thailand) Pcl (DELTA) : The Thai maker of electronic parts plans to invest between $20 and $40 million for expansion, the English-language The Nation newspaper reported, citing President Henry Hsieh. Revenue may rise by at least 10 percent in 2012, the newspaper said. The shares fell 4 percent to 21.6 baht.
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