Bloomberg the Company & Products

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: Home Product, CP All, Land & Houses, Siamgas

Feb. 29 (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 climbed 1.3 percent to 1,160.90, the highest close since July 1996. The gauge gained 7.1 percent this month, its fifth monthly increase, the longest winning streak since December 2010.

Consumer stocks: Thailand’s consumer-related stocks gained, driving a gauge of retailers and goods producers to a record, amid speculation a spending rebound from the nation’s worst floods in almost 70 years will boost earnings.

Home Product Center Pcl (HMPRO TB), the nation’s largest retailer for home improvement hardware, rose 3.4 percent to 12.30 baht, a record close. CP All Pcl (CPALL TB), the country’s largest convenience store operator, increased 3.1 percent to a record 66.25 baht. Siam Makro Pcl (MAKRO TB), the largest operator of cash-and-carry stores in Thailand, climbed 1.3 percent to 304 baht.

Pranda Jewelry Pcl (PRANDA TB), a jewelry maker, jumped 7 percent to 6.9 baht, the steepest advance since March 2009. Profit in 2011 increased 87 percent to 456.3 million baht ($15 million).

Land & Houses Pcl (LH TB), the nation’s largest home builder by market value, gained 2.2 percent to 6.9 baht, the highest close since Sept. 22. Profit in 2011 climbed 41 percent to 5.6 billion baht, according to a company statement. Land & Houses plans to raise as much as 3.3 billion baht from the sale of a property fund in the first quarter of this year, it said in a separate statement.

Siamgas & Petrochemicals Pcl (SGP TB), the country’s second-largest supplier of liquefied petroleum gas, declined 1.8 percent to 16.70 baht, the most since Nov. 21. Net income in 2011 fell 46 percent from a year earlier to 994.3 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.