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 for a third day, gaining 4.03, or 0.4 percent, to 1,083.94.
Airports of Thailand Pcl (AOT TB), Thailand’s biggest airfield operator, climbed 4.7 percent to 44.75 baht, the highest close since Oct. 9, 2009. The stock was lifted to “outperform” from “neutral” at Credit Suisse Group AG, which cited the rising number of passengers. The brokerage increased the share-price estimate to 58 baht from 40 baht.
Solution Corner 1998 Pcl (SLC TB), a provider of computer services, slid 5.2 percent to 0.73 baht. Investors are required to pay cash upfront before placing orders to buy Solution Corner’s shares, the Stock Exchange of Thailand said in a statement.
Thai Union Frozen Products Pcl (TUF TB), a seafood exporter, gained 0.9 percent to 53.75 baht, the highest close since Dec. 27. Thai Union’s sales may rise 40 percent to at least $3 billion this year on increased international consumption of canned tuna, the Bangkok Post reported, citing the company’s President Thiraphong Chansiri.
Thiraphong wasn’t available for comment when called at his office.