On Thursday at 10:48 AM (Bangkok time), the share price of GFPT Public Company Limited (SET: GFPT) increased by 3.10% or THB 0.40 to THB 13.30, with a trading value of THB 47.99 million.
The share price of Charoen Pokphand Foods Public Company Limited (SET: CPF) rose by 1.78% or THB 0.40 to THB 22.90, with a trading value of THB 102.02 million.
The share price of Thaifoods Group Public Company Limited (SET: TFG) grew by 1.00% or THB 0.04 to THB 4.06, with a trading value of THB 57.72 million.
The share price of Betagro Public Company Limited (SET: BTG) gained 1.22% or THB 0.30 to THB 24.90, with a trading value of THB 26.52 million.
Krungsri Capital Securities (KCS) stated that the Department of Agriculture, Fisheries and Forestry of Australia affirmed that Japan had begun the temporary import prohibition of poultry from Australia while also anticipating the possibility for the European markets to follow the restriction accordingly.
KCS foresaw the circumstances as a positive sentiment for Thailand, which was the 6th country with most poultry exports in the world, or around 3.35% of the global market, as well as chicken export stocks, including GFPT, TFG, CPF, and BTG, with GFPT being the top pick among agricultural stocks.
