On Thursday at 10:44 AM (Bangkok time), the share price of Central Retail Corporation Public Company Limited (SET: CRC) jumped by 6.78% or THB 2.00 to THB 31.50, with a trading value of THB 274.277 million.
Meanwhile, CP ALL Public Company Limited (SET: CPALL) climbed by 0.45% or THB 0.25 to THB 55.50, with a trading value of THB 381.20 million.
CP Axtra Public Company Limited (SET: CPAXT) rose by 0.93% or THB 0.25 to THB 27.25, with a trading value of THB 35.15 million.
Berli Jucker Public Company Limited (SET: BJC) grew by 0.95% or THB 0.20 to THB 21.20, with a trading value of THB 33.62 million.
Thanapiriya Public Company Limited (mai: TNP) soared by 1.20% or THB 0.04 to THB 3.38, with a trading value of THB 411,830.
Home Product Center Public Company Limited (SET: HMPRO) surged by 0.56% or THB 0.05 to THB 9.05, with a trading value of THB 41.83 million.
Siam Global House Public Company Limited (SET: GLOBAL) rose by 2.08% or THB 0.30 to THB 14.70, with a trading value of THB 21.62 million.
Dohome Public Company Limited (SET: DOHOME) increased by 2.02% or THB 0.20 to THB 10.10, with a trading value of THB 12.35 million.
Asia Plus Securities anticipates a favorable outlook for retail stocks due to the development of the digital wallet scheme in Thailand. This initiative, announced by the Finance Ministry, is expected to open registration within the next two months.
The digital wallet scheme is viewed as a positive driver for the Thai economy in the fourth quarter of 2024, injecting cash flow and benefiting retail stocks like CRC, BJC, CPAXT, and CPALL, along with consumer-related sectors such as building materials. Additionally, the digital wallet can be used for purchasing food and beverages, further boosting its potential impact.
