Thai Hot Stocks-Siam Cement hits two-week high, BMCL up

(Adds BMCL, SCC)

BANGKOK, July 14 (Reuters) - Thailand's benchmark stock
index .SETI was up 2.25 percent at 575.18 at 0749 GMT on
Tuesday, bouncing back from a six-week low a day earlier.

Stocks on the move included:

SIAM CEMENT SCC.BK AT TWO-WEEK HIGH

Thailand's largest industrial conglomerate rose 5.0 percent
to 157.50 baht, its highest since June 30.

BFIT Securities said although the company was likely to
report a drop in operating profits, its earnings should recover
from the fourth quarter of this year, boosted by new production
lines at its petrochemical businesses.

0750 GMT

BANGKOK METRO BMCL.BK UP ON POSITIVE OUTLOOK

The subway operator surged 4.8 percent to 0.66 baht due to
expectations that the company will benefit from the
government's mass transit projects, which should drive up
passenger numbers.

Asia Plus Securities said in a note the progress of the new
Airport Link construction and other extensions of mass transit
would boost the company's passengers to 240,000 per day in 2012
from 170,000 now.

The broker gave a buy recommendation, saying the stock
could potentially rise 36 percent this year.

0607 GMT

ENERGY, PETROCHEM STOCKS BOUNCE BACK

Improving sentiment in overseas markets helped push
heavyweight energy stocks .SETEN up 1.33 percent, recovering
from an eight-week low on Monday.

Petrochemical firms .SETPT gained nearly 3 percent after
falling to a 10-week low on Monday, led by a 6 percent rise in
PTT Chemical (PTTC.BK).

A rebound in world oil prices lifted the shares, with crude
moving back above $60 a barrel.

0323 GMT

BANK STOCKS .SETB UP

The banking subindex rose more than 2 percent after hitting
its lowest since June 6 on Monday, led by a 2.6 percent rise in
top lender Bangkok Bank BBL.BK, while number three Siam
Commercial Bank SCB.BK rose 3.5 percent and fourth-ranked
Kasikornbank climbed 2.4 percent.

0328 GMT

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($1=34.11 Baht)
(Reporting by Arada Therdthammakun; Editing by Alan Raybould)