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Thailand Stocks: Country Group, Krungthai Card, PTT Exploration

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Feb. 23 (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 3.70, or 0.4 percent, to 990.91.

Country Group Securities Pcl (CGS TB), a Thai stock brokerage, climbed 8.1 percent to 0.94 baht, its biggest gain since Oct. 1. The company said it plans to pay a dividend of 0.1 baht per share.

Krungthai Card Pcl (KTC TB), Thailand’s largest credit card company, jumped 14 percent to 15.4 baht, the highest close since September 2008. The company had a profit of 224.2 million baht in 2010 from a net loss of 394.8 million baht a year earlier.

Laguna Resorts & Hotels Pcl (LRH TB), a hotel operator, rose 6.7 percent to a record 64 baht. The company said full-year profit surged to 1.41 billion baht in 2010 from 133.4 million baht a year earlier.

PTT Exploration & Production Pcl (PTTEP TB), Thailand’s only publicly traded oil explorer, climbed 3.2 percent to 180 baht, the highest close since Nov. 23. Crude oil in New York rose to the highest level in more than two years as a violent uprising in Libya threatened to disrupt supplies.

Premier Technology Pcl (PT TB), a distributor of audio equipment, surged by the daily limit of 30 percent to 1.92 baht. The company posted a profit of 28.4 million baht in 2010 from a net loss the previous year.

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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