Thai Hot Stocks-PTT Chemical surges on earnings outlook

(Adds PTT Chemical)

BANGKOK, Nov 4 (Reuters) - Thailand's stock index .SETI was up 2.28 percent at 683.69, in line with most reginal markets, on thin turnover of 13 billion baht ($389 million) at 0845 GMT on Wednesday.

Stocks on the move included:

PTTCH PTTC.BK UP ON EARNINGS OPTIMISM

PTT Chemical (PTTCH) surged 5.8 percent to 63.75 baht on expectations that the country's largest olefins maker would report its best quarterly earnings of the year for the third quarter.

PTTCH, due to release July-September earnings next week, is expected to report net profit of 3.2 billion baht, up 48 percent from the previous quarter, but down 36 percent from a year earlier, Ayudhya Securities said in a note.

0843 GMT

BANK SHARES .SETB UP ON UPBEAT 2010 OUTLOOK

The banking subindex rose nearly 2 percent, boosted by gains in third-largest lender Siam Commercial Bank and fourth-ranked Kasikornbank SCB.BK, on optimism the sector would benefit from an economic recovery, which should boost loan growth next year.

Kasikornbank was up nearly 2 percent at 77.75 baht, while Siam Commercial Bank rose nearly 1 percent to 77.25 baht.

Fifth-largest lender Bank of Ayudhya (BAY.BK) climbed 3.9 percent to 18.60 baht, while top lender Bangkok Bank BBL.BK gained 1.4 percent to 113 baht.

0431 GMT

CP FOODS CPF.BK UP ON UPBEAT Q3 EARNINGS

Charoen Pokphand Foods was up 1.6 percent at 9.45 baht on expectations that the country's biggest chicken exporter would report strong earnings growth for the third quarter.

Kim Eng Securities said in a note it expected the company's net profit to double to a record high of 3.48 billion baht due to higher incomes from all business units and low raw material costs.

0435 GMT