On Friday at 10:41 AM (Bangkok time), the share price of Regional Container Lines Public Company Limited (SET: RCL) jumped by 8.65% or THB 1.80 to THB 22.60, with a trading value of THB 221.24 million.
Precious Shipping Public Company Limited (SET: PSL) increased by 6.96% or THB 0.55 to THB 8.45, with a trading value of THB 130.74 million.
Thoresen Thai Agencies Public Company Limited (SET: TTA) rose by 5.50% or THB 0.30 to THB 5.75, with a trading value of THB 38.02 million.
UOB Kay Hian Securities (Thailand) stated that Thai shipping stocks surged in response to an 8% month-to-date increase in the Baltic Dry Index (BDI) on August 29, 2024. The stocks were also boosted by ongoing geopolitical uncertainties, with the analyst predicting this trend to persist.
