Thai Hot Stocks-Esso's debut, PTT Chemical, Thai oil

BANGKOK, May 6 (Reuters) - Thai stocks are expected to edge
up on Tuesday, with the market debut of Esso (Thailand)
ESSO.BK likely to boost setiment, dealers said.

Shares in the Thai unit of Exxon Mobil Corp (XOM.N) are
expected to jump 30 percent on their debut from what was seen
as a cheaply valued IPO price, at a time when world oil prices
have surged to record highs. [ID:nBKK67803]

The stock market was closed on Monday for a holiday.

The benchmark SET index .SETI closed up 1.29 percent at
843.15 on Friday, near a two-week high. Click [TH/TRADING01]
for cumulative trading value by investor type.

Resistance on the main index was expected at 850 and
support at 835-838, dealers said. ----------------------MARKET
SNAPSHOT @ 0029 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1407.49 -0.45% -6.410
USD/JPY JPY= 104.85 -0.07% -0.070
10-YR US TSY YLD US10YT=RR 3.8651 -- -0.006
SPOT GOLD XAU= 872.1 -0.11% -0.950
US CRUDE CLc1 119.81 -0.13% -0.160
DOW JONES .DJI 12969.54 -0.68% -88.66
ASIA ADRS .BKAS 166.93 -0.14% -0.24
-------------------------------------------------------------
MARKET SUMMARY >Oil Jumps $4 to record over $120 on weak dollar
[O/R] >Wall St falls on Countrywide fears, record oil [.N]
>Dollar slips, commodity currencies favoured [USD/] >Bonds
mixed with short end up as stocks stumble [US/] >Gold extended
gains on record high oil [GOL/] >TAKE A LOOK-Myanmar
cyclone [nSP152717]

STOCKS AND FACTORS TO WATCH

- PTT Chemical PTTC.BK

The flagship in the olefin petrochemical business of top
energy firm PTT PCL PTT.BK reported a 114 percent jump in
first-quarter net profit to 5.7 billion baht, above market
expectations. [ID:nBAK000318]

- Thai Oil TOP.BK

The top oil refiner reported a 35 percent fall in
first-quarter net profit due to weakness in its petrochemical
business and refining margins. [ID:nBKK166428]

- Siam Cement (SCC.BK)

Thailand's biggest industrial conglomerate said it planned
to sell bonds worth 10 billion baht ($316 million) in
October-November to refinance debt. [ID:nBKK44260]

- Thailand's central bank is monitoring inflation closely
but would wait before raising interest rates, deputy governor
Atchana Waiquamdee told Reuters [ID:nL04549518]

- For the Thai press digest click on [ID:nBKK243664]

- 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=31.65 Baht)
(Reporting by Arada Therdthammakun; Editing by Alan Raybould)