SET SPOTLIGHT:
SPALI nears 2-mth high after reporting 160% on-year profit growth in Q2-08 report
Share prices of developer, Supalai, rose more than 4% to near its two-month high of 3.12 baht apiece after the company reported a healthy on-year net profit growth of 160%.
Supalai’s Q2-08 net profit amounted 476 million baht compared with 183.5 million baht from the same time of last year due to the government’s property stimulus measures.
The company also announced that its Board of Directors has approved an interim dividend payment of 15 satang a share on August 28th.
This evening Supalai closed 4% higher at 3.12 baht.
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BECL enjoys gains following reports of likely expressway toll fee rise in September
Bangkok Expressway Public has enjoyed almost 2% gains earlier today after it was reported that the Transport Ministry would approve the requested expressway toll fee increase on September 1st.
The fee rise which was earlier approved by Expressway Authority of Thailand will lead the expressway toll to go up from 40 baht to 45 baht for each passenger car and an increase of 10 - 15 baht for trucks.
BECL price settled at its day’s high of 17.20 baht this evening.
SET HILIGHT:
KYE: Kang Yong Electric
XD @ THB1.60 Payout 22 Aug 08
SET DATEBOOK:
7 Aug 2008: ECB Meeting on Interest Rate Policy