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SCG Packaging prices $1.5 bln Thai IPO at top end of range -sources

6 years 1 month ago
Thailand's Siam Cement Group Packaging Pcl (SCGP) is set to raise up to $1.5 billion after pricing shares for its initial public offering at the top end of its range, making it the country's second-largest listing this year, three sources with direct knowledge of the matter said on Thursday.

Asian Markets Mostly Higher On Renewed Stimulus Optimism

6 years 1 month ago
(RTTNews) - Asian stock markets are mostly higher on Thursday as risk appetite improved amid renewed optimism about more U.S. fiscal stimulus. U.S. President Donald Trump said he would support aid to airlines and other stimulus measures, after calling off negotiations over a bro

SCG Packaging prices $1.5 bln Thai IPO at top end of range -sources

6 years 1 month ago
Thailand's Siam Cement Group Packaging Pcl (SCGP) is set to raise up to $1.5 billion after pricing shares for its initial public offering at the top end of its range, making it the second-largest listing in the country this year, three sources with direct knowledge of the matter said on Thursday.

Win Streak May Continue For Thai Stock Market

6 years 1 month ago
(RTTNews) - The Thai stock market has climbed higher in three straight sessions, collecting more than 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,265-point plateau and it's predicted to open higher again on Thursday.

Indonesia Stock Market Has A Green Light For Thursday

6 years 1 month ago
(RTTNews) - The Indonesia stock market has climbed higher in three straight sessions, advancing almost 80 points or 1.6 percent along the way. The Jakarta Composite Index now sits just above the 5,000-point plateau and it may add to its winnings on Thursday.

Japanese Market Advances

6 years 1 month ago
(RTTNews) - The Japanese stock market is advancing on Thursday following the positive cues overnight from Wall Street amid optimism about more U.S. fiscal stimulus. U.S. President Donald Trump said he would support individual stimulus measures after calling off negotiations over

Samsung Sees 58% Rise In Q3 Operating Profit

6 years 1 month ago
(RTTNews) - Samsung Electronics Co Ltd (SMSN.L, SSNNF.OB, SSNLF.OB) expects that its third-quarter operating profit will rise about 58.10 percent from last year. It projects sales will increase 6.45 percent. The company's mobile and chip businesses benefited from U.S. restrictio
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