Thailand Stocks: Italian-Thai Development, Sri Trang Agro
The SET Index (SET) rose less than 0.1 percent to 1,063.08, the highest level since Sept. 8.
Italian-Thai Development Pcl (ITD) , Thailand’s largest construction company, gained 1.2 percent to 3.46 baht, the most since Jan. 12. The company and its partner secured a contract worth 2.85 billion baht ($91 million) from the State Railway of Thailand, it said in a regulatory filing.
Sri Trang Agro-Industry Pcl (STA) , the nation’s biggest publicly traded rubber producer, fell 1 percent to 20.8 baht, halting a four-day gain. Rubber may drop “sharply” through March as the end of the low-production season in Southeast Asia approaches and demand stays weak in China, the biggest consumer, according to Goldman Sachs Group Inc.
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