Thailand Stocks: Sri Trang Agro, Thai Rubber, TPI, Total Access
Shares of the following companies had unusual moves in Thailand trading. Stock symbols are in parentheses and prices are as of 10:43 a.m. in Bangkok.
The SET Index rose 1.79, or 0.2 percent, to 985.32.
Rubber producers: Sri Trang Agro-Industry Pcl (STA TB), Thailand’s biggest publicly traded rubber producer, gained 1.5 percent to 33 baht. Thai Rubber Latex Corp. (Thailand) Pcl (TRUBB TB) advanced 2.8 percent to 7.30 baht.
Rubber futures in Tokyo and Shanghai extended rally to the all-time highs.
TPI Polene Pcl (TPIPL TB), Thailand’s third-biggest cement maker, gained 1.8 percent to 11.4 baht, on course for the highest close since Jan. 27. The company won a contract from the energy ministry for an on-shore petroleum exploration, it said in a regulatory filing today.
Total Access Communication Pcl (DTAC TB), the country’s second-biggest mobile phone company, rose 1.2 percent to 42.25 baht, set for the highest close since Jan. 21. Total Access plans to change the listing status of its Singapore-traded stocks, and denied media reports that it plans to delist its shares from the Singapore exchange.
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