Thai bourse market report for April 2015

Thursday 14 May 2015 16:21
The Stock Exchange of Thailand (SET) main index ended April at 1,526.74 points, up 1.4 percent from a month earlier, or up 1.9 percent from end-2014. The combined average daily trading value of SET and mai was THB 42.44 billion (approx. USD 1.29 billion).The combined market capitalization of SET and mai remained high at THB 14.73 trillion. The Bank of Thailand’s policy rate cut (for the second consecutive month) and the oil price rise in the global markets were favorable to Resources industry and Petrochemicals & Chemicals sector. Foreign investors were net buyers of equity market for the second consecutive month this year, worth THB 210 million, corresponding with the European Central Bank's implementation of its quantitative easing (QE) policyand Thai government’s martial law lift on April 1.

Key highlights for April

Securities

- SET Index closed at 1,526.74 points at the end of April, up 1.4 percent from a month earlier, or up 1.9 percent from the end of 2014.

- At the end of April, the combined market capitalization of SET and mai increased from a month earlier. SET's was THB 14.32 trillion, up 1.42 percent from a month earlier, or up 3.33 percent from end-2014, while mai's was THB 411.13 billion, up 3.33 percent from a month earlier, or up 7.32 percent from end-2014.

- At the end of April, combined average daily trading value of SET and mai was THB 42.44 billion, up 36 percent from the same period last year.

- The forward P/E ratio of SET was 15.20 times, while mai's was 22.32 times.

- The dividend yield of SET was 2.93 percent, while mai's was 0.96 percent.

- Foreign investors were net buyers of equity market for the second consecutive month this year, worth THB 210million

- Listed companies on SET and mai raised funds through equity worth a combined THB 3.27 billion, wholly from the secondary market. During the four months ended April 30, 2015, the combined fundraising of listed companies on SET and mai was THB 132.27 billion, a 3.2 times increase over the same period last year.

Derivatives

- In April, derivatives trading volume down to 156,821 contracts, mostly due to a decrease in single stock futures and SET50 index futures.

For more information, please visit www.set.or.th/setresearch .

Members of the media please contact the Public Relations Unit, Corporate Communications Dept.:Arada Kultawanich tel: +66 (0) 2229 2796 / Darawan Maleesri tel: +66 (0) 2229 2798 / Kanokwan Khemmalai tel: +66 (0) 2229 2048.