Most media stocks dip
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Two listed media companies' shares gained yesterday morning on the first day of applications for the upcoming auction of commercial digital TV licences.
Others dropped, however, along with the overall market. The SET Index dipped by 0.36 per cent to 1,449.62 points on turnover of Bt22.15 billion. Investors are worrying about domestic political conflicts, analysts say.
MCOT and Amarin Printing and Publishing were the only two media companies whose shares gained, MCOT by 2.94 per cent to Bt35 and Amarin’s to Bt21, up 2.43 per cent.
InTouch fell 0.29 per cent to Bt84.75. Its share price in the morning opened at Bt85.25, down from Bt85 on Friday, and peaked at Bt86.
Nation Multimedia Group opened at Bt1.62, up from the Friday close of Bt1.59. After reaching Bt1.68 at one point, the stock closed at Bt1.58, down 0.63 per cent.
GMM Grammy opened at Bt16.20 and peaked at Bt16.30. Its share price closed at Bt16, unchanged from Friday.
BEC World opened at Bt59.50 and climbed to a peak of Bt60. The price closed at Bt58.50, down 1.68 per cent from Friday.
Workpoint Entertainment’s stock price opened at Bt36.25 after Friday’s close of Bt36. It closed yesterday at Bt35.25, down 2.08 per cent.
RS opened at Bt9.10 compared with Bt9 on Friday, but closed at Bt8.9, a drop of 1.11 per cent.
