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 Metro, PTT Exploration, Total Access

April 29 (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 1.25, or 0.1 percent, to 1,093.56. The gauge gained 4.4 percent in April, its third monthly advance.

Bangkok Metro Pcl (BMCL TB), Thailand’s only subway operator, jumped 8.6 percent to 0.76 baht, the largest increase since July 2. The company offered the lowest bid for a contract to operate an electric rail project linking outlying suburbs with central Bangkok. Bangkok Metro bid 93.5 billion baht ($3.1 billion) for the contract to install, run and maintain the 23-kilometer rail route, called the “purple line”, for 30 years, said Chaisit Kururat, assistant governor of the Mass Rapid Transit Authority of Thailand.

Kim Eng Securities (Thailand) Pcl, the country’s largest stock brokerage, gained 2 percent to 15 baht, the most since April 4. Net income in the first quarter increased 42 percent to 193.3 million baht, or 0.34 baht a share.

PTT Exploration & Production Pcl (PTTEP TB), Thailand’s only publicly traded oil explorer, dropped 1.9 percent to 185 baht, the most since March 15. The company’s profit in the first quarter rose 7.2 percent to 10.98 billion baht, or 3.31 baht a share. That missed the 11.3 billion-baht median estimate of seven analysts surveyed by Bloomberg.

Total Access Communication Pcl (DTAC TB), the country’s second-biggest mobile phone company, advanced 5.8 percent to 50.50 baht, the steepest increase since July 28. Net income in the first quarter rose 36 percent to 3.33 billion baht, or 1.41 baht a share.

Thai Airways International Pcl (THAI TB), the nation’s largest carrier, fell 3.2 percent to 38.25 baht on concern higher fuel costs will hurt its earnings. Yesterday, crude oil for June delivery climbed 10 cents to $112.86 a barrel on the New York Mercantile Exchange, the highest settlement since Sept. 22, 2008.

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.