Shares of Thai Union Group, or TU, rose 5.65% to 13.10 baht, up 0.70 baht, with trading value of 217.61 million baht, from an opening price of 13.00 baht, a high of 13.30 baht and a low of 12.90 baht. Pi Securities said TU has several positive factors in the second half, expecting it to enter its export peak season, and it also benefits from the weaker baht and from the United Kingdom cutting its import tariff on Thai tuna to 0% from 24%, which will support revenue growth in the second half. Meanwhile, Yuan Ta Securities views TU's rise after a long consolidation as turning the stock's price trend back to sideways-up, after the price climbed to test the upper range near 13.20 baht.
Thai Union Group PCLUK cut its import tariff on Thai tuna to 0% from 24%, supporting TU's revenue growth.
