BizTimes

Monday, August 26, 2024

Chang Beer DR 'THAIBEV19' opens trading on the Thai stock exchange @ 1st day dtd 22 Aug 2024

Chang Beer DR 'THAIBEV19' opens trading on the Thai stock exchange for the first day. Consensus reveals that profits will surge in the second half of the year. 
Movement of DR “THAIBEV19” refers to shares of Thai Beverage Public Company Limited, a leading food and beverage manufacturer and distributor, operating in 90 countries worldwide, which opened for trading on the stock market on the first day, up 0.85% or a price increase of 0.11% or at 13.10 baht.
ThaiBev 's closing of the year is different from other companies, so the Songkran festival is in the second half of the year. In addition, the number of foreign tourists is higher, the weather is hotter than usual, and the government's economic stimulus measures are positive. The share price has fallen quite a bit, so we believe that the share price still has upside. Read More ...