Bloomberg the Company

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

Follow Us

Industry Products

Thailand Stocks: Khon Kaen Sugar, Total Access Communication

Don't Miss Out —
Follow us on:

Dec. 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 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.

To contact the reporters on this story: Tony Jordan in Bangkok at tjordan3@bloomberg.net; Berni Moestafa in Jakarta at bmoestafa@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.