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’s Equity Movers: Indorama Ventures, TMB Bank

Dec. 23 (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 0.5 percent to 1,037.37, paring this week’s gain to 0.3 percent.

Indorama Ventures Pcl (IVL TB), Thailand’s largest maker of polyester and plastic packaging material, rose 0.8 percent to 30.5 baht, a one-week high. The company said in a statement that it established a subsidiary in the Netherlands to hold its acquisition in Wellman International.

TMB Bank Pcl (TMB TB), a Thai lender controlled by ING Groep NV, fell 1.2 percent to 1.64 baht, reversing an earlier gain of 3 percent. Korea Development Bank spokesman Park Chan Ho denied a report in the Kao Hoon newspaper today that the Seoul-based bank may buy a stake in TMB.

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