Market Watch

Hemp-related stocks hit new highs amid warnings of market rush

Hemp-related stocks on the Stock Exchange of Thailand (SET) rallied Thursday on the legalization of the industry, led by R&B Food Supply (RBF) rising robustly 9.94 per cent to 17.70 baht per share.RBF stood to gain from its upstream...

Industrial sentiment picks up in February

Thailand’s industrial sentiment index in February rose to 85.1 points after falling to a six-month low at 83.5 the month earlier, the Federation of Thai Industries (FTI) said Thursday.The increase “derived from the manufacturing sector resuming its production with...

HANA bullish on its products as WFH and 5G mobile sales set to drive its revenues into 2021

Shares of Hana Microelectronics Plc (HANA) continues to rise and over the past few days have been trading at an near all-time high of 59.50 baht on the optimism of better outlook in 2021 and 2022.HANA, which has been...

NOK says cashflow enough for 2021 amid solvency concerns

Nok Air (NOK), Thailand’s low-cost carrier, said on Wednesday that its financial performance was strong enough to keep cashflow running until the end of the year, despite plunging passenger numbers and high debts to service.On Monday the Central Bankruptcy...

Minister says economic growth could reach 4 percent, rejects need to cut corporate tax

The Minister of Finance said Thailand’s economy would grow 4 per cent this year, saying it is not yet looking at a reduction in corporate tax recently requested by the private sector.Arkhom Termpittayapaisith said Thailand already has a chance...

Stocks in natural rubber suppliers jump on predicted price rises

Shares of Sri Trang Agro (STA) and North East Rubber (NER), leading natural rubber companies, rose 4.95 and 3.81 per cent Monday, respectively, on news of demand growth for natural rubber of 8-10 per cent this year.STA stood at...

Credit provider KTC sees strong 2021 on the back of loan growth, better screening

Krungthai Card (KTC), an unsecured loan provider under Krungthai Bank, said it was expecting a new high for net profit in 2021, on the back of strong credit-card and personal-loan services.The company aimed to see an 8 per cent...

ORI jumps more than 4 per cent on diversification plans

Shares of property developer Origin Property (ORI) gained 4.43 cent to 8.25 baht per share before the morning session ended on Friday, after the company announced plans to expand its business model to include asset management, healthcare and logistics.ORI...

Consumer confidence index rises for the first time in three months

Thailand’s consumer confidence index rose for the first time in three months to 49.4 points in February after falling for two straight months to a nine-month low at 47.8 points in January, said forecasters at the University of Thai...

CPF jumps on projected revenues from China acquisition and upcoming hemp products

Shares of Charoen Pokphand Foods (CPF) spiked to 31 baht on Thursday morning, before settling to 30.50, up 3.39 percent per share on the prior closing price of 29.50, on anticipated profits from a subsidiary in China and plans...

Latest Posts