Stockholder valuations for Kasikornbank Public Company Limited went up during the trading day. During the Wednesday November 06, 2019 trading session, stocks of SET: KBANK, closed the trading session with positive gains of 1.37%. Shares closed up 2.0 THB over the last session when they closed at 148.0 THB per share.
Kasikorn Bank Public Company Limited share close up: November 06, 2019 trading
As a whole, Thailand-based equities stayed relatively stable during Wednesday’s session. The SET, Thailand’s index of broad-based equities, closed the day with losses of 0.18%. The index fell to 1,623.99, a loss from the former session’s closing level of 1,626.87.
Thai Banking stocks, to which Kasikornbank Public Company Limited belongs to, as a whole remained stable. Thailand’s index of Banking stocks, SET: BANK, closed Wednesday up 0.60%, compared to the 1.37% increase in Kasikornbank Public Company Limited shares.
Shares of Kasikornbank Public Company Limited changed hands at a volume greater than usual. Wednesday’s trading volume reached 30,440,200 shares traded, which is around 1.9x greater than the average trading volume for the stock of 10,587,681.
During the past 52 weeks, shares of SET: KBANK have traded between 130.50 and 210.00. Wednesday’s close at 148.00 places Kasikornbank Public Company Limited near the low end of the range, off 62.0 THB per share from its 52-week highs. As a result, Kasikornbank Public Company Limited’s market cap is 345.503 billion THB, and shares trade at a P/E ratio of roughly 9.58.
On the volatility side, the 3-year-monthly beta number is roughly 1.02. For dividend-minded investors, the next ex-dividend date is scheduled for September 11, 2019.
