Stockholder valuations for The Siam Commercial Bank Public Company Limited went up during the trading day. Shares of SET: SCB, closed the Friday October 25, 2019 trading session with positive gains of 1.88%, closing at 108.5 THB per share. Shares gained 2.0 THB per share over the previous close at 114.0 THB per share.
The Siam Commercial Bank Public Company Limited share close up: October 25, 2019 Trading
On the whole, Thailand’s equity index, measured by the Stock Exchange of Thailand, or SET, experienced losses during Friday’s session. The SET closed the day at 1,593.28, down 1.71% from the previous session close of 1,631.46.
Thai Banking stocks, to which The Siam Commercial Bank Public Company Limited belongs to, as a whole saw an increase. Thailand’s index of Banking stocks, SET: BANK, closed Friday down 0.50%, compared to the 1.88% increase in The Siam Commercial Bank Public Company Limited shares.
Shares of The Siam Commercial Bank Public Company Limited changed hands at a volume greater than usual. Friday’s trading volume reached 20,757,400 shares traded, which is around 0.9x greater than the average trading volume for the stock of 10,802,258.
During the past 52 weeks, shares of SET: SCB have traded between 104.50 and 146.50. Friday’s close at 108.50 places The Siam Commercial Bank Public Company Limited near the low end of the range, off 38.0 THB per share from its 52-week highs. As a result, The Siam Commercial Bank Public Company Limited’s market cap is 367.237 billion THB, and shares trade at a P/E ratio of roughly 9.20.
On the volatility side, the 3-year-monthly beta number is roughly 1.16. For dividend-minded investors, the next ex-dividend date is scheduled for August 28, 2019.
