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Thailand Stocks: Sahaviriya, Thai Airways, Wiik & Hoeglund

April 28 (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 fell 9.04, or 0.8 percent, to 1,092.31.

Sahaviriya Steel Industries Pcl (SSI TB), the country’s biggest steelmaker, dropped 1.4 percent to 1.38 baht, a third day of decline. Profit in the first quarter fell 82 percent to 267.2 million baht ($8.93 million).

Thai Airways International Pcl (THAI TB), the country’s largest carrier, lost 3.1 percent to 39.5 baht, the largest decrease since March 15, on concern higher oil prices will boost fuel costs. Crude oil traded at a 31-month high in New York as the Federal Reserve’s renewed pledge to stimulate growth boosted speculation that fuel demand will increase.

Wiik & Hoeglund Pcl (KWH TB), a producer of plastic pipes, jumped 4 percent to 1.31 baht, the most since Feb. 3. The company had net income of 1.6 million baht ($53,583) in the first quarter, compared with a net loss of 29.1 million baht a year earlier.

To contact the reporter on this story: Anuchit Nguyen in Bangkok at

To contact the editor responsible for this story: Darren Boey at

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