Cal-Comp, Sri Trang Agro, Thai Rubber: Thailand Equity Preview

Shares of the following companies may have unusual moves in Thailand trading. Stock symbols are in parentheses and prices are as of the close yesterday, unless otherwise stated.

The SET Index (SET) rose 0.8 percent to 1,053.04.

Rubber producers: Rubber workers held a protest in the southern Thai province of Songkhla yesterday to call on the government to set a minimum price for the commodity of 120 baht ($3.80) a kilogram, an industry group official said. The rubber growers plan to hold protests in four other southern provinces before demonstrating outside the home of Prime Minister Yingluck Shinawatra on Jan. 15, Uthai Sonluksub, honorary president of the Rubber Growers Federation of Thailand, said by phone from Bangkok yesterday.

Sri Trang Agro-Industry Pcl (STA) , Thailand’s biggest publicly traded rubber producer, gained 2.7 percent to 18.9 baht. Thai Rubber Latex Corp. (Thailand) Pcl (TRUBB TB) climbed 3.8 percent to 3.3 baht.

Cal-Comp Electronics (Thailand) Pcl (CCET TB): The Thai producer of electronics and office equipments said in a regulatory filing that sales in December dropped 16 percent to 10.2 billion baht ($322 million). The shares added 0.8 percent to 2.64 baht.

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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