Bangkok, The Stock Exchange of Thailand index closed in the morning at 1,372.23 points, an increase of 12.97 points (+0.95%) with a trading value of 21,876 million baht. The beverage group is bustling in response to the hot weather, while AMARIN’s price is soaring. The Sirivadhanabhakdi group Buy more
Reporters reported that the Thai stock market rebounded this morning. From yesterday, it was the lowest in more than 3 years. There is speculation. Led by stocks in the consumer staples group (Consumer Staples), benefiting from Consumer Staples stocks rising in the US stock market. There is also a supporting factor from the number of Thai tourists increasing. while the beverage group There was higher trading in response to the news from the Meteorological Department. It is expected that the Heat Index (the temperature at which people feel hot air at that time) during March 4-6 will reach a maximum of 50 degrees Celsius.
Krungsri Patanasin Securities assesses this as a factor supporting stocks in groups that b
enefit from hot weather, such as the beverage group, retail group, department store group, hotel group, based on the results of a study of the past 8 years, if bought 1 month before the start of the hot season. Stocks in the hotel, beverage, retail group often give outstanding returns, averaging +2.5%, +2.2% and +1.6%, SET +0.5% and if bought on a day when it enters the summer season and sell after 1 month, hotel, beverage and retail stocks will give an outstanding average return of +3.5%, +3.9%, 1.9%, SET +1.5%. The best investment is before entering the summer, which is to recommend buying stocks in Summer Play theme 1 month in advance and hold until the summer enters. Expect to receive the highest positive return. Based on basic road pictures from 2024.
As for AMARIN shares, the closing price at noon jumped 13.70% to 4.98 baht after Amarin Corporation Public Company Limited (AMARIN) revealed that yesterday the company received an announcement of intent to acquire securities to take over the business. of t
he Company after Sirivadhanabhakdi Company Limited, a company in which Adelfos Company Limited (Adelfos) holds 99.9998% of shares, purchased 78,919,921 shares of the Company, or 7.9056%, from Mr. Rapee Utakaphan 42,248,130 shares, or 4.2321%, and Mrs. Metta Utakaphan, 36,671,791 shares, or 3.6735%, were traded through the Big Lot Board on March 5, resulting in the shareholding of the Ade group. lphos came to hold shares in the company, increasing to 82.114% while Mr. Rapee and Mrs. Metta There will be no shares left in the company. The above change in the shareholding structure of shareholders in the Adelfos Group has resulted in Sirivadhanabhakdi Company Limited being obliged to make a mandatory tender offer for all remaining securities of the business (Mandatory Tender Offer) at There are 178,547,217 shares remaining, or 17.8855%. It is expected that the offer price will be 5 baht/share, totaling approximately 892.74 million baht.
Source: Thai News Agency