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Share price of Thai cement maker Siam Cement hits 10-year high in intra-day trading.

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| March 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Thai Press Reports)

Section: Stocks - Siam Cement's shares on Thursday hit a 10-year high of Bt270 in intra-day trading after Fitch Ratings (Thailand) upgraded its ratings. The stock closed unchanged at Bt266, The Nation reports.

Fitch upgraded the national long-term ratings on senior unsecured debt and outstanding senior unsecured debentures of the largest industrial conglomerate and its subsidiary, Siam Pulp and Paper, to A+(tha) with a stable outlook, from A(tha). It affirmed both companies' ...

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