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(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' ...