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Thai Stocks: PTT, Ratchatani Leasing, Sri Trang, Thai Rubber

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April 18 (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 5.76, or 0.5 percent, to 1,090.67. The exchange was closed from April 13 to April 15 for public holidays.

PTT Pcl (PTT TB), the nation’s largest energy company, rose 1.1 percent to 375 baht, its highest close since April 8. Oil has gained 2.6 percent in New York since April 12, the last time PTT shares traded.

Ratchatani Leasing Pcl (THANI TB), a provider of automobile leases, rose 12 percent to 1.69 baht, the most since Jan. 5. The company said first-quarter profit jumped 67 percent.

Sri Trang Agro-Industry Pcl (STA TB), the biggest rubber producer, slid 2.3 percent to 32 baht, its biggest drop since March 15. Thai Rubber Latex Corp. (Thailand) Pcl (TRUBB TB) dropped 0.8 percent to 6.45 baht, the most since March 31. Rubber futures in Tokyo slumped for a fifth day after China increased banks’ reserve requirements to lock up cash and cool inflation, raising concern demand from the world’s biggest consumer may weaken.

To contact the reporter on this story: Tony Jordan in Bangkok at tjordan3@bloomberg.net; Ian C. Sayson in Manila at isayson@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net

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