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Thailand Stocks: Advanced Info, SiS Distribution, Thai Stanley

Feb. 14 (Bloomberg) -- Shares of the following companies had unusual moves in Thailand trading. Stock symbols are in parentheses and prices are as of the 4:30 p.m. close in Bangkok.

The SET Index rose 17.50, or 1.8 percent, to 967.07.

Advanced Info Service Pcl (ADVANC TB), Thailand’s biggest mobile-phone company, climbed 2.2 percent to 82 baht, the steepest advance since Feb. 7. Advanced Info will take a dispute with state-owned TOT Pcl to an arbitration panel, the company said in a regulatory filing. TOT is pursuing 76.4 billion baht ($2.5 billion) from Advanced Info in compensation, the state telecommunication company said on Feb. 1.

SiS Distribution (Thailand) Pcl (SIS TB), the supplier of computer accessories and mobile-phone handsets, rose 6.3 percent to 15.3 baht. Net income in 2010 increased 22 percent to 295.3 million baht, or 1.44 baht a share.

Thai Airways International Pcl (THAI TB), the nation’s biggest airline, rose 8.8 percent to 40.25 baht, the biggest jump since Nov. 24. The outlook for the company’s first-quarter performance “remains positive” because of increased passenger bookings and yields, Siam Tiyanont, an analyst at Phillip Securities (Thailand) Pcl, wrote in a research report today.

Thai Stanley Electric Pcl (STANLY TB), the nation’s largest publicly traded maker of auto parts by market value, gained 1.9 percent to 164 baht, the steepest advance since Jan. 26. The company said profit in the quarter ended Dec. 31 climbed 19 percent to 341.9 million baht, or 4.46 baht a share.

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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