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: Bangkok Bank, Thai Airways, Thanachart Capital

April 21 (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.

The SET Index rose 2.56, or 0.2 percent, to 1,109.92, the fifth days of gains and the highest since Aug. 13, 1996.

Bank of Ayudhya Pcl (BAY TB), Thailand’s fifth-biggest lender by assets, advanced 2.7 percent to 28.25 baht, the highest since Nov. 8, 2007. The lender had a first-quarter profit of 2.81 billion baht, compared with an analyst estimate of 2.67 billion baht, the company said today in a regulatory filing.

Bangkok Bank Pcl (BBL TB), Thailand’s largest bank, fell 2.7 percent to 177.50 baht, the most since March 31. Net income was 6.47 billion baht ($216 million) in the first quarter, less than the 6.84 billion-baht median estimate among eight analysts surveyed by Bloomberg.

Krung Thai Bank Pcl (KTB TB), Thailand’s second-biggest bank, increased 2 percent to 20.20 baht, after saying first-quarter profit rose 79 percent as income from loans surged.

Thai Airways International Pcl (THAI TB) dropped 1.3 percent to 39 baht. The nation’s largest airline filled 73 percent of its seats in March, a 7.4 percent drop from the same month last year, as demand declined following Japan’s earthquake and tsunami disaster. The carrier has lost about 600 million baht in revenue on routes to Japan since the March 11 quake, President Piyasvasti Amranand said.

Thanachart Capital Pcl (TCAP TB), a Thai financial company, fell 3.1 percent to 31.75 baht, the most since March 15, after saying profit fell 15 percent. Thanachart is trading without the right to its latest dividend.

To contact the reporter on this story: Tony Jordan in Bangkok at tjordan3@bloomberg.net; Weiyi Lim in Singapore at wlim26@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.