Bloomberg News

Thailand Stocks: Central Plaza, Dusit Thani, Laguna, Sri Trang

April 11, 2012

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 (SET) fell for a fourth day, declining 1 percent to 1,154.49, the lowest close since March 13.

Hotel operators: Central Plaza Hotel Pcl (CENTEL) , Thailand’s biggest hotel managers by market value, slid 4.1 percent to 11.80 baht, the most since Oct. 3. Laguna Resorts & Hotels Pcl (LRH) , which operates hotels in the coastal province of Phuket, dropped 2.4 percent to 40 baht, the lowest level since June 2010. Dusit Thani Pcl (DTC) lost 2.9 percent to 33 baht.

An 8.7 magnitude earthquake struck off Indonesia’s Aceh province, the U.S. Geological Survey said today, prompting residents to flee to higher ground as Indonesia, India and Thailand issued tsunami warnings.

Rubber producers: Rubber futures fell for a seventh day, dropping 3.7 percent to close at 310.2 yen a kilogram ($3,841 a metric ton) on the Tokyo Commodity Exchange, the lowest settlement since Jan. 23.

Sri Trang Agro-Industry Pcl (STA) , Thailand’s largest rubber producer, decreased 1.6 percent to 19 baht, the lowest close since Jan. 18. Thai Rubber Latex Corp. (Thailand) Pcl (TRUBB) lost 1.3 percent to 4.66 baht, the lowest close since Jan. 30.

Country Group Securities Pcl (CGS) , a stock brokerage, dropped 5.1 percent to 0.95 baht, the lowest close since Jan. 16. Investors who bought Country Group’s shares from today weren’t eligible for a cash dividend of 0.088 baht.

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


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