Thailand Equity Movers: Demco, PTT, Siam Cement, Univentures
Shares of the following companies had unusual moves in Thailand trading. Stock symbols are in parentheses and prices are as of the 4:30 p.m. close in Bangkok.
The SET Index fell 0.4 percent to 938.68, the first decline in three days.
Demco Pcl (DEMCO) , a contractor for electricity and telecommunication systems, gained 3.9 percent to 3.2 baht, the largest increase since Nov. 30. The company has moved its headquarters from a flooded area and is operating normally, it said in a statement to the stock exchange.
PTT Pcl (PTT) , Thailand’s biggest energy company, declined 1.4 percent to 293 baht, the first drop in three days. The company suspended operations at 8 percent of its gas stations in the country because of flooding, it said in a regulatory filing.
Siam Cement Pcl (SCC) , the nation’s fifth-largest publicly traded company by market value, climbed 2 percent to 312 baht. Net income in the third quarter climbed 12 percent to 7.38 billion baht ($239 million), or 6.15 baht per share, the company said in a regulatory filing.
Univentures Pcl (UV) , a zinc oxide producer and property developer, decreased 1 percent to 2.06 baht. The company has closed a plant in Pathum Thani province since Oct. 22 because of flooding, it said in a regulatory filing.
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