Thailand Stocks: BTS, PTT Exploration, Siam City, Total Access
Shares of the following companies had unusual moves in Thailand trading. Stock symbols are in parentheses and prices are as of 10:42 a.m. in Bangkok.
The SET Index (SET) fell less than 0.1 percent to 1,239.55. The gauge has gained 2.3 percent this week, headed for a third weekly advance.
BTS Group Holdings Pcl (BTS) , the operator of mass transit system in Bangkok, gained 1.2 percent to 0.86 baht. 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.
PTT Exploration & Production Pcl (PTTEP) , Thailand’s only publicly traded oil explorer, dropped 1.4 percent to 177 baht, on course for the steepest decline since April 5. Crude oil dropped 2.6 percent on the New York Mercantile Exchange yesterday.
Siam City Cement Pcl (SCCC) , the nation’s second-largest cement producer, climbed 1.5 percent to 338 baht, on course for the highest close since February 2006. Net income in the first quarter climbed 15 percent to 1.28 billion baht ($41.4 million).
Total Access Communication Pcl (DTAC) , the country’s second-biggest mobile phone company, fell 1.2 percent to 80.75 baht, poised for the largest drop since April 23. Net income in the first quarter declined 10 percent to 3 billion baht. That trailed a 3.07 billion baht average estimate of 11 analysts surveyed by Bloomberg.
To contact the reporter on this story: Anuchit Nguyen in Bangkok at firstname.lastname@example.org