By Suttinee Yuvejwattana - Dec 26, 2011 10:37 AM GMT+0700
Jasmine Telecom Systems Pcl (JTS), a Thai provider of telecommunication services, rose to the highest in more than three months after denying a news report.
The stock advanced 1.8 percent to 1.73 baht per share, set for its highest close since Sept. 12. The company’s shares have risen more than 37 percent in the past three trading sessions.
Jasmine denied a Dec. 23 report in local news and information agency InfoQuest in a statement to the stock exchange today, without providing any details.
To contact the reporter on this story: Suttinee Yuvejwattana in Bangkok at suttinee1@bloomberg.net
To contact the editor responsible for this story: Daniel Ten Kate at dtenkate@bloomberg.net
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