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: Khon Kaen, Thai Airways, Tipco, Sri Trang Agro

Feb. 27 (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 1 percent to 1,135.04, the biggest loss in two weeks.

Khon Kaen Sugar Industry Pcl (KSL TB), a sugar producer, climbed 1.4 percent to 14.40 baht, the highest close since Feb. 3. Thai sugar output and exports may climb to records for a second year this season, according to the Office of the Cane & Sugar Board.

Sri Trang Agro-Industry Pcl (STA TB), Thailand’s biggest rubber producer, dropped 2.8 percent to 21 baht, the largest decline since Jan. 30. Net income in 2011 fell 66 percent to 1.31 billion baht ($43 million).

Thai Airways International Pcl (THAI TB), the country’s largest carrier, dropped 3.9 percent to 24.50 baht, the steepest decline since Dec. 14. The company reported its biggest annual loss in three years after costs related to foreign-currency debt and fuel surged. The loss in 2011 was 10.2 billion baht, compared with net income of 14.7 billion baht in 2010, the company said in a filing.

Tipco Foods Pcl (TIPCO TB), a producer of fruit juices and other beverages, surged 22 percent to 5.20 baht, the most since January 2001. Profit in 2011 more than doubled to 343.6 million baht.

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.