Thai Hot Stocks - Padaeng Industry, Bangkok Aviation down

(Adds PDI, BAFS)

BANGKOK, May 16 (Reuters) - Thailand's benchmark stock
index .SETI was up 15.40 points, or 1.8 percent, at 871.01
points in moderate turnover of 18.7 billion baht ($577.3
million) at 0800 GMT on Friday.

Stocks on the move included:

- Padaeng Industry PCL PDI.BK, Southeast Asia's only zinc
smelter, dipped 3.25 percent to 29.75 baht, having dropped to
its lowest since January 2007 at 29.50 baht, after the firm
posted a 36.9 million baht net loss in the first quarter
compared with a 313.8 million baht profit it made a year
earlier.

The January-March loss was clouded by rising cost of
inventories, falling zinc prices and expiring mining leases
since October 2007, the firm said in a statement.

0757 GMT

- Bangkok Aviation Fuel Services BAFS.BK fell 1 percent
to 10.20 baht after the company said 2008 net profit would be
lower than a 543 million baht a year earlier due to faltering
fuel demand use and soaring oil prices which curbed flight
numbers.

0759 GMT

- True Corp TRUE.BK, a fixed-line operator, surged 4.1
percent to 5.10 baht, having hit a one-month high of 5.25 baht
earnings up 562 percent, beating market expectations.
[ID:nBKK28357]

0759 GMT

- TWZ Corporation PCL TWZ.BK, the mobile phone handset
seller, fell 3.7 percent to 15.80 baht, having fallen to a
eight-day low 15.70 baht after the firm told the exchange its
board approved a 10-for-1 stock split.

The stock fell in afternoon trade after surging about 50
percent over the past three weeks on market expectations the
firm was considering a stock split.

0802 GMT

- For the Thai press digest click on [ID:nBKK215469]

- 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=32.36 Baht)
(Reporting by Ploy Chitsomboon; Editing by Lincoln Feast)