Thai Hot Stocks-ACL Bank, Thai Airways, SCIB up

(Adds ACL)

BANGKOK, June 29 (Reuters) - Thailand's benchmark stock
index .SETI was up 0.43 percent at 598.37 at 0823 GMT on
Monday, after earlier touching 603.26, its highest since June
15.

Stocks on the move included:

ACL BANK ACL.BK HITS 2-WK HIGH ON ICBC REPORTS

Shares in ACL Bank ACL.BK rose as much as 9.5 percent to
5.75 baht, the highest since June 10, after newspapers reported
China's ICBC (1398.HK) (601398.SS) was interested in investing
in the bank and wanted the Thai government to support a stake
purchase.

ICBC has been in talks about buying a 49 percent stake from
existing shareholders of Thailand's smallest lender since
October 2007. ACL is owned 30.6 percent by the Finance Ministry
and 19.3 percent by Bangkok Bank BBL.BK.

0817 GMT

THAI AIRWAYS THAI.BK AT ONE-MONTH HIGH

Shares in national carrier Thai Airways International
gained 0.7 percent to 14.7 baht, earlier rising to 15.2 baht,
the highest since May 29, due to technical plays, dealers said.

0513 GMT

BANKS, BUILDERS RISE AMID ECONOMIC STIMULUS HOPES

Investors bought shares in sectors seen as beneficiaries of
the government's planned spending on stimulus measures,
including banking and building shares, with leader Bangkok Bank
BBL.BK up 0.5 percent at 106.5 baht, having hit a 1-week high
of 108 baht.

Krung Thai Bank KTB.BK gained 2.4 percent to 8.6 baht,
touching a one-year high of 8.7 baht earlier, Bank of Ayudhya
BAY.BK rose 2 percent to 15.3 baht, having hit 15.5 baht, its
highest since Oct. 2, while top cement maker Siam Cement
SCC.BK climbed 1 percent to 153.5 baht, coming off a two-week
high of 155 baht.

0514 GMT

SIAM CITY BANK SCIB.BK AT HIGHEST IN OVER A YEAR

Siam City Bank gained 13.1 percent to 16.4 baht, having hit
17.2 baht, the highest since May 20, 2008, after newspapers
quoted sources as saying its major shareholder had appointed a
financial advisor to look at selling its 48 percent stake at an
expected price of 1.5 times above the bank's book value of
19.42 baht each.

The board of the Financial Institutions Development Fund
(FIDF), the rescue arm of the Bank of Thailand, has appointed
Phatra Securities PHAT.BK as adviser for the stake sale which
could take 2-3 months to conclude, newspaper Post Today said.

0515 GMT

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($1=34.06 Baht)
(Reporting by Viparat Jantraprap; Editing by Alan Raybould)