Thailand Stocks: Khon Kaen Sugar, Total Access Communication

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 0.4 percent to 1,023.91, declining for a sixth straight day. The measure has fallen 0.9 percent this year.

Khon Kaen Sugar Industry Pcl (KSL TB), a Thai sugar producer, advanced 2.3 percent to 13.4 baht, the highest close since Sept. 16. Khon Kaen will probably report “strong” year-on-year profit growth for the first quarter of 2012, driven by “substantially greater sugar, ethanol and electricity sales volume,” Bualuang Securities said in a note to clients dated today.

Total Access Communication Pcl (DTAC TB), the nation’s second-biggest mobile-phone company, fell 4.4 percent to 70 baht, the lowest close since Sept. 1. The shares declined after they began trading without the right to a dividend. The stock was also downgraded to “sell” from “buy” by Rattana Leenutaphong, an equity analyst at IV Global Securities Pcl.

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