Thai Hot Stocks-Index flat; PTT Global Chemical

BANGKOK: Thailand's benchmark stock index was flat at 909.41 at 0349 GMT on Friday in turnover of 4.4 billion baht ($142 million).

Stocks on the move:

PTT GLOBAL CHEMICAL PCL

Shares in the petrochemical firm created by the merger of PTT Chemical Pcl and PTT Aromatics and Refining Pcl started trading at 56 baht.

Broker DBS Vickers Securities rated the stock a 'buy', with a fair value of 78 baht. PTT Global, Thailand's biggest integrated petrochemical firm, would benefit from the 'upcycle' in the aromatics and olefins business expected from the second half of 2012, it said.