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 1,227.41, halting a seven-day rally. The gauge gained 1.3 percent this week, a third weekly advance.
Oil companies: PTT Pcl (PTT TB), Thailand’s largest energy company, declined 1.7 percent to 353 baht, the most since April 23. PTT Exploration & Production Pcl (PTTEP TB), Thailand’s only publicly traded oil explorer, lost 2 percent to 176 baht, the steepest decrease since April 5.
Crude oil dropped as much as 1.1 percent to $101.45 a barrel, the lowest since April 11, on the New York Mercantile Exchange.
BTS Group Holdings Pcl (BTS TB), the operator of a mass transit system in Bangkok, gained 2.4 percent to 0.87 baht, the highest close since Jan. 6. The company signed a 30-year contract with Bangkok Metropolitan Administration to extend its operation of an elevated train system in the capital to 2042, it said in a regulatory filing.
CP All Pcl (CPALL TB), Thailand’s biggest convenience store operator, slid 5.1 percent to 37.25 baht, the most since Oct. 3. The company was downgraded to sell from neutral by Han Meng Tan, an analyst at DMG & Partners Securities Pte.
IRPC Pcl (IRPC TB), an oil refiner and petrochemical producer, fell 2.2 percent to 4.38 baht, the largest drop since April 10. Profit in the first quarter slid 75 percent to 943.9 million baht ($30.5 million).
Total Access Communication Pcl (DTAC TB), the country’s second-biggest mobile phone company, lost 2.8 percent to 79.50 baht, the most since April 11. First-quarter net income declined 10 percent to 3 billion baht. That also trailed a 3.07 billion baht average estimate of 11 analysts surveyed by Bloomberg.