KTC’s Share Gains 3% as Investors Expect a Year-End Spending Peak

The share price of Krungthai Card Public Company Limited (SET: KTC) rose THB2.00/share or 3.43% toTHB60.25/sharein early Wednesday trades, with a trading value of THB559 million.

Phillip Securities stated that the end of the year is typically a peak spending period and the COVID-19 situation in the country is improving, indicating that credit card and personal loan demand will steadily pick up. Furthermore, demand for the "P' Berm" vehicle title loan service remains high. Recommend “BUY”.