Thai Stock Market Roundup July 03, 2019
A short summary to inform you of what had happened in Thai stock market on July 03, 2019
A short summary to inform you of what had happened in Thai stock market on July 03, 2019
4 ก.ค. 2562

– SET closed at 1,738.51,rose 6.28 points or 0.36% with a trading value of THB63,700 billion. Thai market closed higher, better than the Asia market which closed in negative territory. A certain government forming and continuously fund flow has made the investors feel confident to invest in the Thai market.
– NWR acquired 2 new projects worth THB260 million to develop waterways and flood protection system.
– Oil Price fell 4% after OPEC gathering amid growing concern of weak demand.
– Stocks in Focus on 3 July 2019: CPF and BTS
     – The analyst stated CPF has been receiving the positive sentiment of the increase in the price of domestic pork and chicken, so recommended “BUY” CPF’s share with the target price of IAA Consensus at THB31.00/share.
     – The analyst stated BTS is in the investment mode due to there many projects this year the full year of revenue recognition from the entire route of BTS green line, so recommended “BUY” at the target price of THB15.00/share.
– “Thavich” asserted to not participating in IFEC trading, advancing for business recovery.
– WORK closed the day at THB28, increased THB2 or 7.69%. During the session, the highest of WORK’s share price was at THB28.50 and the lowest was THB26 with a trading value of THB620,301 billion. An increase in the share price of WORK might due to a result of a recently launched a new program “10 Fight 10” which hits all-time high rating.
– LPN closed the day at THB7.90, increased THB0.45 or 6.04%. During the session, the highest of LPN’s share price was at THB7.95 and the lowest was THB7.45 with a trading value of THB248,382 billion. Due to LPN is trading near its net current asset value of THB6.35 per share and offering 8% dividend yield, so the analyst maintained outperform at the target price of THB9.30/share.
Top 10 Most Impact Shares on July 03, 2019
