SET index closed at 919.34, up 6.15 or 0.67% in trade worth 49.07 billion baht on Wednesday.

Top energy firm PTT (PTT.BK) gained 1.1 percent and rose to 269 baht amid hopes the national environment board would announce the list of hazardous projects later in the day, which may enable several key industrial projects, including PTT’s suspended sixth gas separation plant, to start up later this year, analysts said.

The country’s largest olefins maker, PTT Chemical PTTC.BK, was up 0.9 percent at 107.5 baht on expectations its ethylene product volume would rise along with more feedstock from its parent PTT’s sixth gas separation plant, they said. Other operators of halted projects were also expected to benefit from the approval of the list, including industrial conglomerate Siam Cement SCC.BK, which was up 2.2 percent at
274 baht.

Thai Union TUF the world’s largest canned tuna maker rose 7.5 percent to 61.25 baht, at one point climbing to an all-time high of 61.5 baht, as its plan to buy French-based MW Brands Holding SAS boosted earnings outlook and share price target.

Stocks with most active value were as follows:

PTT increased to 271.00 baht, up 6.00 baht.

KTB increased to 14.60 baht, up 0.20 baht.

TMB decreased to 2.66 baht, down 0.04 baht.

SCC increased to 305.00 baht, up 9.00 baht.

BANPU increased to 618.00 baht, up 6.00 baht

Shayne Heffernan www.livetradingnews.com

Posted by Shayne Heffernan on Sep 1st, 2010and filed underASEAN News, Asia, Equities, Market, Markets, Shayne Heffernan, Thailand.You can follow any responses to this entry through theRSS 2.0You can leave a response by filling following comment form or trackback to this entry from your site