Thailand Stocks: Precious Shipping, Sri Trang, Thoresen Thai
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 financial markets were closed yesterday for a public holiday.
The SET Index (SET) fell 1.4 percent to 1,099.15, the lowest close since Feb. 6.
Rubber producers: Sri Trang Agro-Industry Pcl (STA) , the country’s largest rubber producer, dropped 4.8 percent to 14 baht, the lowest close since June 16, 2010. Thai Rubber Latex Corp. (Thailand) Pcl (TRUBB) lost 2 percent to 3 baht, the lowest level since Jan. 18. Rubber futures slid 4.9 percent on the Tokyo Commodity Exchange yesterday.
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