The SET Index (SET) climbed 1.3 percent to 1,160.90, the highest close since July 1996. The gauge gained 7.1 percent this month, its fifth monthly increase, the longest winning streak since December 2010.
Consumer stocks: Thailand’s consumer-related stocks gained, driving a gauge of retailers and goods producers to a record, amid speculation a spending rebound from the nation’s worst floods in almost 70 years will boost earnings.
Home Product Center Pcl (HMPRO) , the nation’s largest retailer for home improvement hardware, rose 3.4 percent to 12.30 baht, a record close. CP All Pcl (CPALL) , the country’s largest convenience store operator, increased 3.1 percent to a record 66.25 baht. Siam Makro Pcl (MAKRO) , the largest operator of cash-and-carry stores in Thailand, climbed 1.3 percent to 304 baht.
Pranda Jewelry Pcl (PRANDA) , a jewelry maker, jumped 7 percent to 6.9 baht, the steepest advance since March 2009. Profit in 2011 increased 87 percent to 456.3 million baht ($15 million).
Land & Houses Pcl (LH) , the nation’s largest home builder by market value, gained 2.2 percent to 6.9 baht, the highest close since Sept. 22. Profit in 2011 climbed 41 percent to 5.6 billion baht, according to a company statement. Land & Houses plans to raise as much as 3.3 billion baht from the sale of a property fund in the first quarter of this year, it said in a separate statement.
Siamgas & Petrochemicals Pcl (SGP) , the country’s second-largest supplier of liquefied petroleum gas, declined 1.8 percent to 16.70 baht, the most since Nov. 21. Net income in 2011 fell 46 percent from a year earlier to 994.3 million baht.
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