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Thailand Stocks: Nation Multimedia, Precious, Siam City Cement

Feb. 6 (Bloomberg) -- Shares of the following companies had unusual moves in Thailand trading. Stock symbols are in parentheses and prices are as of the close in Bangkok.

The SET Index fell for the first time in five days, dropping 0.5 percent to 1,094.01.

Nation Multimedia Group Pcl (NMG TB), a Thai publisher of English- and Thai-language newspapers, jumped 8.6 percent to 0.88 baht, the highest close since Aug. 24. Sermsin Samala bought an additional 2.4 percent stake in the company, raising his holding to 15.2 percent, according to a regulatory filing.

Precious Shipping Pcl (PSL TB), Thailand’s biggest shipping company by market value, dropped 2.4 percent to 16.20 baht, the steepest decline since Jan. 16. Profit in 2011 decreased 37 percent to 718.5 million baht ($23 million).

Siam City Cement Pcl (SCCC TB), the nation’s second-largest cement maker, climbed 2.9 percent to 286 baht, the highest close since November 2007. Siam City may build cement plants in Cambodia and Myanmar, Vice President Kantanit Sukontasap said by phone today. It may also build a plant to produce wood-replacement products in Indonesia, he said.

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

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