Thai Hot Stocks - PTT Aromatics, TUF down; EGCO up

BANGKOK, May 12 (Reuters) - Thailand's benchmark stock
index .SETI was flat at 846.1 points by 0419 GMT on Tuesday.

Stocks on the move included:

- Higher crude prices continued to drag down petrochemical
shares, led by a 4.4 percent fall in PTT Aromatics and Refinery
PTTAR.BK to 32.75 baht, its lowest since it listed in
January.

The outlook of aromatics business remained poor as
product-to-feed-margin has fallen from expensive condensate
feedstock prices driven by soaring oil prices, Kim Eng
Securities said in a research note.

0417 GMT

- Electricity Generating EGCO.BK climbed 2.7 percent to a
three-week high of 97 baht after Thailand's second-largest
power producer reported a better-than-expected 11.3 percent
rise in first-quarter net profit to 2.82 billion baht.
[ID:nBAK000328]

0418 GMT

- Thai Union Frozen TUF.BK fell to an all-time low of
18.70 baht, extending a 3-day falling streak, due to continued
worries about the firm's earnings as the U.S. Department of
Commerce was reviewing anti-dumping duties on imports of shrimp
from Thailand.

The firm, however, said in a statement it was positive on
the development of the shrimp anti-dumping review despite the
preliminary rate of 15.3 percent, against the existing rate of
5.95 percent, assigned to the firm's shrimp exports.

0416 GMT

- For the Thai press digest click on [ID:nBKK323153]

- For Thailand's IPO diary click on <TH/IPOMENU>

- For Thailand's stock exchange news click on [TH-SET]

- For Thailand corporate earnings: [TH-RES-RTRS]

- For Thailand economic forecast: [POLL-ECI-TH-RTRS]
($1=32.00 Baht)
(Reporting by Arada Therdthammakun; Editing by Anshuman Daga)