Stock news 10:35 am 2024-01-19
KBANK minus 1.55% to 127.00 baht, down 2.00 baht, trading value 990.50 million baht at 10.12 am, the market opened at 129.00 baht, the price rose to a high of 129.00 baht and the price fell to a low of 126.00 baht .
Mr. Wichit Arayapisit, Investment Strategist Liberator Securities said Kasikorn Bank’s (KBANK) share price fell because 4Q23 profit of 9,388 million baht was slightly lower than expected. Or it can be called In line with the market, which is expected at 9,516 million baht, while looking at NPL in 4Q23, it moved up to 3.19% from 3.11% in 3Q22, making the signal look worse. Because most of KBANK’s loan portfolio are SME customers.
Analysts are expected to gradually adjust their forecasts accordingly. From the average market target price of 150 baht
By InfoQuest News Agency (19 Jan. ’24)
Tags: KBANK , Kasikorn Bank , Wichit Arayapisit , Thai stocks
#KBANK #Q466 #budget #market #expectations #NPL #moved #InfoQuest
