Thai Healthcare Equities Edge Higher as COVID Cases Spike Again

The majority of Thai healthcare equities opened higher on Thursday, despite the market crash, as COVID-19 active cases in the country spiked again.

 

As of 14.46 hrs. local time in Thailand, the share price of Bangkok Chain Hospital Public Company Limited (SET: BCH) rose THB1.00/share or 5.10% to THB20.60/share, with a trading value of THB875 million.

The share price of Chularat Hospital Public Company Limited (SET: CHG) rose THB0.14/share or 3.89% to THB3.74/share, with a trading value of THB475 million.

The share price of Ekachai Medical Care Public Company Limited (SET: EKH) rose THB0.20/share or 2.63% to THB7.80/share, with a trading value of THB55 million.

The share price of Intermedical Care and Lab Hospital Public Company Limited (SET: IMH) rose THB1.30/share or 9.49% to THB15.00/share, with a trading value of THB186 million.

The share price of Rajthanee Hospital Public Company Limited (SET: RJH) rose THB1.00/share or 3.03% to THB34.00/share, with a trading value of THB30 million.

 

Thailand reported 5,775 new COVID-19 cases and 11 new fatalities on Thursday (January 6), nearly doubling the number recorded a day earlier and bringing the total infections to 21,815 since January 1, 2022.

The Public Health Ministry estimates that in the worst-case scenario, there could be up to 30,000 omicron variant cases per day and that it would take about three to four months to bring the situation under control.

Additionally, the health authority raised the COVID-19 alert level to four, requiring the closure of all high-risk areas and restricting domestic travel and public gatherings.