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Synnex shares surges sharply following new Apple product releases
Shares of Synnex (Thailand) PCL or SYNEX rose sharply by 8.46 per cent on Thursday morning to 14.40 baht per share, an increase of 1.10 baht, due to new Apple products launching and a strong second-half outlook.The price increased...
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Thailand to miss stimulus borrowing this fiscal year, says PDMO
The Public Debt Management Office (PDMO) says Thailand will miss the COVID-19 stimulus borrowing target this fiscal year, ending in September, as the government is spending too long identifying the right projects.The PDMO needs to wait for projects to...
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Rubber industry stocks hike upward as rubber price soars
Stocks from rubber industry companies, such as Sri Trang Argo (STA), Thai Rubber Latex Group (TRUBB) and North East Rubber (NER), surged simultaneously on Wednesday's trade due to an increase in the price of rubber.The Rubber Authority of Thailand...
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NOBLE continues to surge after big lot transactions of 20 million shares
Shares of Noble Development PCL (NOBLE), a leading property developer, rose by 3 per cent on Wednesday morning trade after closing with a surge of 8.33 per cent on Tuesday as a response to the company’s big lot transactions. The...
Market Watch
Nok set to resume trading after posting poor first half losses
Nok Airlines PCL (NOK), a low-cost airline in Thailand operating mostly domestic services, and its subsidiaries reported first-half losses of 3,750.61 million baht, down -215.8 per cent from 1,187.70 million baht in the same period in 2019.The company...
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Central Restaurant secures half of Brown Dessert shares to upsize food business
Central Plaza Hotel PCL (CENTEL) said this week that its food subsidiary, Central Restaurants Group (CRG), had purchased Brown Dessert company’s ordinary shares for 70 million baht, holding 51 per cent of the total shares. The purchase can be divided...
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B.Grimm to cooperate with AMATA’s Smart City, benefit from the lower gas cost
B.Grimm Power PCL (BGRIM) reportedly plans to expand its investment in Smart City with Amata Corporation PCL (AMATA) with its focus on Thailand to strengthen the new domestic electricity development. Preeyanat Soontornwata, the president and director of B.Grimm, said that...
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Game streaming on the rise in Thailand fueled by E-Sports, coronavirus lockdown
People watching videogame streamers or streaming videogames has risen throughout the world and Thailand in the past year, fueled by the rising popularity of E-Sports and the coronavirus lockdown.According to popular streaming platform Twitch, the company saw 3.5...
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The Thai economy continued to recover from June to July with no tourists, says the central bank
The Thai economy continued to improve from June to July due to the recovery in domestic consumption and exports with no foreign tourist arrival for four consecutive months, the Bank of Thailand (BOT) said on Monday. The central bank said...
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BAM reports big fall in revenue due to economic disruption from coronavirus
Bangkok Commercial Asset Management PCL (BAM), the largest firm in the asset management field, reported its second-quarter earnings of 169 million baht, a decrease of 80 per cent both quarter-on-quarter and year-on-year.The stock price reduced since the market opening...
