BANGKOK, May 4 (Reuters) - Thailand's benchmark stock index
.SETI was up 1.41 percent at 498.60 in turnover of 5.1
billion baht ($145 million) at 0349 GMT on Monday.
Stocks on the move included:
TPI POLENE TPIP.BK AT 7-MTH HIGH, Q1 ABOVE FORECASTS
Shares in Thailand's third-biggest cement maker gained 4.1
percent to 3.58 baht, having hit 3.66 baht, their highest since
Sept. 15, after it reported that its first-quarter profit was
down by more than half, but better than analysts' forecasts.
0350 GMT
KCE ELECTRONICS KCE.BK UP AFTER UPBEAT Q1 ESTIMATE
Shares in the printed circuit board maker rose 5.8 percent
to 1.1 baht after a newspaper quoted an executive as saying its
first-quarter earnings would be higher than the fourth quarter
because of improving demand for its products early in the year.
0351 GMT
SHIPPERS TRACK FREIGHT RATES HIGHER
Thoresen Thai TTA.BK surged 5.5 percent to 17.3 baht,
Precious Shipping PSL.BK climbed 4.7 percent to 13.3 baht and
Regional Container Lines RCL.BK rose 2.2 percent to 7.05 baht
in response to higher freight rates.
On Friday, the Baltic Exchange's main sea freight index
.BADI, which tracks rates to ship dry commodities, rose 1.12
percent, the second day of gains after four sessions of falls.
0355 GMT
- For the Thai press digest click on [PRESS/TH]
- For Thailand's IPO diary click on <TH/IPOMENU>
- For Thailand's stock exchange news click on [TH-SET]
- For Thailand corporate earnings: [TH-RES-RTRS]
- For Thailand economic forecast: [POLL-ECI-TH-RTRS]
($1=35.37 Baht)
(Reporting by Viparat Jantraprap; Editing by Alan Raybould)
