Thailand Stock Movers: Banpu, Indorama, Noble, SiS Distribution
February 23, 2012, 5:57 AM ESTBy Anuchit Nguyen
Feb. 23 (Bloomberg) -- 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 SET Index rose 0.2 percent to 1,140.07.
Banpu Pcl (BANPU TB), Thailand’s biggest coal producer, fell 1.5 percent to 652 baht, a one-week low. Net income in 2011 dropped 19 percent from a year earlier to 20.06 billion baht ($657 million), it said in a statement.
Indorama Ventures Pcl (IVL TB), a producer of polyester, climbed 2.6 percent to 39.75 baht, the most since Feb. 15. Net income in 2011 jumped 50 percent from a year earlier to 15.6 billion baht.
Noble Development Pcl (NOBLE TB), a property developer, slid 4.8 percent to 5.95 baht, the largest loss since Oct. 3. Profit in 2011 declined 65 percent to 345.7 million baht.
SiS Distribution (Thailand) Pcl (SIS TB), a supplier of computer products, sank 5.4 percent to 12.20 baht, the biggest slide since Oct. 3. Net income last year fell 51 percent to 143.5 million baht.
--Editor: Chan Tien Hin
To contact the reporter on this story: Anuchit Nguyen in Bangkok at anguyen@bloomberg.net
To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net
