Somboon leads Thai autoparts makers higher on car sales outlook

Somboon Advance Technology Pcl led gains among Thai autoparts makers in Bangkok trading on expectation that a rebound in vehicle sales will boost their earnings. Soomboon, the nation’s second-biggest publicly traded maker of auto parts, jumped 5.5 per cent to 13.4 baht as of 10:10 am local time, heading for its highest close since July 9, 2008. Aapico Hitech Pcl rose 2.4 per cent to 8.70 baht, on course for the highest close since October 12.