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 Stocks: Big C Supercenter, PTT, Sri Trang, Thai Rubber

Feb. 20 (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 rose 0.5 percent to 1,135.92, the highest close since Aug. 2.

Rubber producers: Sri Trang Agro-Industry Pcl (STA TB), Thailand’s biggest publicly traded rubber producer, gained 1.4 percent to 21.1 baht, the steepest advance since Feb. 3. Thai Rubber Latex Corp. (Thailand) Pcl (TRUBB TB) increased 2.5 percent to 4.94 baht.

Rubber futures climbed 2.7 percent to 326.8 yen a kilogram ($4,117 a metric ton), the highest settlement level since Sept. 22, on the Tokyo Commodity Exchange.

Big C Supercenter Pcl (BIGC TB), a unit of France’s Casino Guichard-Perrachon SA, jumped 4.6 percent to 136.50 baht, a record close. The company was upgraded to “buy” from “hold” by Suttatip Peerasub, an analyst at Maybank Kim Eng Securities (Thailand) Pcl, the nation’s largest stock brokerage, who cited the company’s new store expansion. The analyst also increased the share-price estimate to 158 baht from 131 baht.

Brooker Group Pcl (BROOK TB), a provider of business consulting and market research services, slid 7.5 percent to 0.99 baht, the most since Oct. 20. The company plans to sell 145.2 million new shares at 1.05 baht each in a private placement, it said in a regulatory filing.

MCS Steel Pcl (MCS TB), a steel producer, dropped 7.2 percent to 9.65 baht, the largest decline since Sept. 26. Net income in 2011 declined 41 percent to 476.3 million baht ($15.5 million).

PTT Pcl (PTT TB), Thailand’s biggest company, climbed 2.9 percent to 354 baht, the highest close since May 31. PTT plans to increase oil and gas production to 900,000 barrels of oil equivalent a day and annual coal output to 70 million metric tons by 2020. The company also plans to plant oil palm over 500,000 hectares of land by 2020, Supattanapong Pumeechao, senior executive vice president, said after the market close on Feb. 17.

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.