Bloomberg News

Thailand Stock Movers: PTT, Sri Trang Agro, Thai Rubber Latex

May 18, 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) slid 1.6 percent to 1,154.44, the lowest close since March 13. The gauge dropped 3.1 percent this week, the largest weekly decline since October.

Rubber producers: Sri Trang Agro-Industry Pcl (STA) , Thailand’s largest rubber producer, decreased 2.5 percent to 15.7 baht, the lowest close since Oct. 5. Thai Rubber Latex Corp. (Thailand) Pcl (TRUBB) fell 1.2 percent to 3.2 baht.

Rubber futures dropped 1.4 percent to 269.9 yen a kilogram on the Tokyo Commodity Exchange.

PTT Pcl (PTT) , Thailand’s largest oil company, decreased 1.2 percent to 328 baht, the lowest close since Jan. 25. Crude futures fell as much as 1 percent to $91.60 a barrel in New York.

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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