On Wednesday at 3:23 PM (Bangkok time), the share price of i-Tail Corporation Public Company Limited (SET: ITC) increased by 1.81% or THB 0.40 to THB 22.50, with a trading value of THB 82.27 million.
Asian Alliance International Public Company Limited (SET: AAI) jumped by 2.50% or THB 0.15 to THB 6.15, with a trading value of THB 26.76 million.
GFPT Public Company Limited (SET: GFPT) expanded by 1.04% or THB 0.10 to THB 9.75, with a trading value of THB 9.35 million.
Krungsri Securities (KSS) noted the positive sentiment received by Thai export stocks, buoyed by the announcement from the commerce ministry indicating an 8.2% year-on-year growth in Thailand’s customs-cleared exports for November.
The export figures, as highlighted by the analyst, were categorized into four sectors, including;
- Para rubber, showing a 14% year-on-year growth with thirteen months of consecutive growth, benefiting STA and NER.
- Canned seafood, with a 3.3% year-on-year increase and five months of continuous growth, benefiting TU.
- Animal feed, experiencing an 18.1% year-on-year surge with fourteen months of continuous growth, benefiting AAI and ITC.
- Chilled raw chicken, seeing a 12% year-on-year rise with two months of consecutive growth, benefiting GFPT.
Strategically, KSS recommended investors looking at stocks related to exports, choosing GFPT as a favorable pick.
