Bloomberg News

Thailand Stocks: BTS Group Holdings, Thai Oil, Thai Vegetable

June 14, 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 0.5 percent to 1,153.01, its second day of declines.

BTS Group Holdings Pcl (BTS) , a property developer and operator of Bangkok’s elevated train system, jumped 3.9 percent to 0.80 baht, the largest increase since March 16. The company plans to pay a cash dividend of as much as 0.0241 baht a share, it said in a regulatory filing today.

Thai Oil Pcl (TOP) , the country’s biggest oil refiner, dropped 3.4 percent to 57 baht, the lowest close since June 6. The company plans to invest $1.85 billion from this year through 2016, Chief Executive Officer Veerasak Kositpaisal told reporters in Bangkok today.

Thai Vegetable Oil Pcl (TVO) , the nation’s largest soybean supplier, lost 1.9 percent to 20.70 baht, the most since June 5. November-delivery soybeans fell for a second day, declining as much as 0.8 percent to $13.095 a bushel on the Chicago Board of Trade, the lowest level since June 7.

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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