Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Thailand Stocks: Asia Plus, Kim Eng, Country Group, Sahaviriya

March 31 (Bloomberg) -- Shares of the following companies had unusual moves in Thailand trading. Stock symbols are in parentheses and prices are as of the 12:30 p.m. break in Bangkok.

The SET Index rose for a third day, climbing 2.23, or 0.2 percent, to 1,052.90, headed for the highest close since October 1996. The gauge has increased 2 percent this year, set for its eighth straight quarterly advance.

Brokerages: Kim Eng Securities (Thailand) Pcl (KEST TB), the country’s largest stock brokerage, climbed 1.4 percent to 14.2 baht, the highest level since March 10. Asia Plus Securities Pcl (ASP TB) rose 1.4 percent to 2.92 baht, on course for the highest close since Jan. 6. Country Group Securities Pcl (CGS TB) climbed 2 percent to 1.01 baht, poised for the highest close since Oct. 15.

Trading turnover on the Stock Exchange of Thailand jumped to 38 billion baht ($1.25 billion) yesterday, the highest level since March 8, according to the bourse’s data.

Sahaviriya Steel Industries Pcl (SSI TB), the country’s biggest steelmaker by market value, gained 1.6 percent to 1.29 baht, on course for the highest close since Feb. 28. The company was rated “buy” in new coverage at Bualuang Securities Pcl, which cited its recent acquisition of a steel plant in the U.K. The brokerage has a share-price forecast of 2 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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.