Citigroup raised its price targets on telecoms companies Advanced Info Service Pcl and Total Access Communication Pcl to reflect the potential benefits of 3 G licensing. It raised its price target on AIS to 272 baht from 245 baht and on Total Access to 131 baht from 101 baht. Last week, Advanced Info, Total Access and True Corp.
SYDNEY, Oct 4- Australian shares extended their gains by 0.3 percent on Thursday, hitting a 14- month high after banks offset losses in mining, as investors eyed further interest rate cuts in the wake of soft retail sales data. Top banks continued this week's post rate-cut gains, led by Westpac Banking Corp.
Asian Property Development Pcl leads on analyst revisions among 25 companies in Thailand's financials sector, including real estate firms, tracked by at least three analysts, data from Thomson Reuters StarMine shows. The stock hit a 52- week high on Oct. 3 at 9.1 baht.
SYDNEY, Oct 4- Australian shares extended their gains by 0.3 percent on Thursday, hitting a 14- month high after banks offset losses in mining. Top banks continued this week's post rate-cut gains, led by Westpac Banking Corp.
Rising tensions between Syria and Turkey also contributed to higher prices, the geopolitical risk highlighting concerns about Middle East oil supplies. By early afternoon in Europe, benchmark oil for November delivery was up 62 cents to $88.76 a barrel in electronic trading on the New York Mercantile Exchange.
MELBOURNE, Oct 4- Australian shares were up 0.2 percent on Thursday as banks rose while miners fell, with sentiment dented by soft retail sales figures for August and declines in oil and copper prices. Top banks continued this week's post rate-cut gains, led by a 1.2 percent rise in Westpac Banking Corp.
Some investors remained cautious due to events in Spain. Spain is under pressure to ask for financial assistance from the European Central Bank to keep a lid on its borrowing costs but the government has been reluctant to do so because it may come with conditions on its budget.
BANGKOK, Oct 4- Following is some company-related and market news that could have an impact on the local market. SE ASIA STOCKS-Most retreat; energy-related shares weak. Thailand's second-biggest liquefied petroleum gas company has bought LPG businesses in Malaysia and Vietnam, it said in a statement.
----PREVIOUS ITEMS Layer-import policy stirs egg market-The Nation----. Revised Power Development Plan needs 800 bln baht for infra- Bangkok Post. ----PM insists rice scheme stays- Bangkok Post---- NOTE: Reuters has not verified these stories and does not vouch for their accuracy.
Revised Power Development Plan needs 800 bln baht for infra- Bangkok Post.
MELBOURNE, Oct 4- Australian shares rose 0.2 percent early on Thursday as gains in banks offset weaker miners, with sentiment supported by encouraging jobs growth data in the United States.
Taiwan's EVA Airways recently announced it will begin Yangon- Bangkok- Taipei flights on Oct. 19. Deputy Director of Civil Aviation Nweni Win Kyaw told The Associated Press several other airlines have recently announced direct flights to Yangon, including Korean Air, Japan's ANA and Germany's Condor.
BANGKOK, Oct 3- Stocks in Singapore, Malaysia and Indonesia edged slightly lower in light to moderate volume on Wednesday as commodities and energy shares such as Golden Agri-Resources. Singapore- listed commodities firm Golden Agri-Resources fell 3.1 percent, dragging down the benchmark Straits Times Index. After a choppy session, Bangkok's SET index.
Oct 3- Malaysia's exports probably fell further in August, hit by weaker demand in China for its electronic products and lower commodity prices, economists polled by Reuters said, leaving the country more dependent on domestic demand to support growth.
The U.S. Labor Department will release employment data for September on Friday. Britain's FTSE 100 fell 0.1 percent to 5,801.45. Germany's DAX was less than 0.1 percent lower at 7,300.12 and France's CAC-40 lost 0.3 percent to 3,404.64.
Oct 3- As inflation has been under control, central banks across Southeast Asia are likely to continue supporting economic growth in the face of increased global risks from the euro debt crisis and signs of slowing in the United States and China. Asia inflation graphic: Asia inflation stories Asian central banks.
Siam Commercial Bank has emerged the best performer on earnings metrics among 25 companies in Thailand's financials sector, data from Thomson Reuters StarMine shows. The stock hit a 52- week high at 172 baht on Sept. 28. Rojana Industrial lags the sector with an EQ score of 3. CONTEXT:.
MELBOURNE, Oct 3- Australian shares edged up to a 14- month closing high on Wednesday as banks and broader stocks were boosted by an interest rate cut and a weaker local dollar, enhancing export prospects. He noted markets were cautious after Spain said a request for European aid was not imminent.
MELBOURNE, Oct 3- Australian shares edged up to a 14- month closing high on Wednesday as banks and broader stocks were boosted by an interest rate cut and the local dollar weakened, enhancing export prospects.
Shares in CP All Pcl, Thailand's largest convenience store chain, hit their highest in more than four months on hopes of strong fourth-quarter earnings and the stock's attractive valuation. At the mid session break of 0530 GMT, CP All shares were up 3.45 percent at 37.5 baht, their highest since May 14.