SET market report for May 2017

Stocks and Financial Services Press Releases Tuesday June 13, 2017 10:42
Bangkok--13 Jun--SET
  • SET Index closed at 1,561.66 points, up 1.21 pct from end-2016.
  • Average daily securities trading value at THB 42.99 bln, up 7.1 pct MoM
  • Market cap at THB 15.8 trillion, up 1.83 pct from end-2016

The Stock Exchange of Thailand (SET) index in May ended at 1,561.66 points, a 1.21 percent rise from the end of 2016. Four sectors that outperformed the SET Index are Industrials, Technology, Property & Construction, and Financials. Like most stock exchanges in the region, the Thai stock market was still attractive to foreign investors, who were net buyers of shares totaled THB 5.45 billion (approx. USD 160 million) in May.They bought a net THB 13.65 billion from January to May.

At the end of May, a combined market capitalization of SET and Market for Alternative Investment (mai) was THB 15.8 trillion, up 1.83 percent from the end of 2016. The average daily trading value of SET and mai in May totaled THB 42.99 billion, up 7.1 percent from April.

Key highlights for May
  • SET Index ended May at 1,561.66 points, up 1.21 percent from end-2016.
  • Market capitalization of SET recorded a total of THB 15.47 trillion, up 2.59 percent from end-2016, while market value of mai was THB 318.95 billion, down 26.39 percent from end-2016.
  • Forward P/E ratio of SET was 15.21 times, while mai's was 36.41 times.
  • Dividend yield of SET was 3.18 percent at end-May, while mai's was 1.67 percent.
  • In May, the average daily trading value of SET and mai was THB 42.99 billion, a 7.1

percent rise compared to the previous month, recording an increase in all investor sectors, but a 4.46 percent drop, compared to the same period last year. For the January-May period, the average daily trading of SET and mai amounted to THB 47.39 billion, up 3.54 percent compared to the same period a year earlier.

  • Foreign investors were net buyers of Thai shares at THB 5.45 billion in May, adding the net buy to THB 13.65 billion during January-May.
  • In May, SET and mai-listed companies raised funds through equity worth a combined THB 22.34 billion, of which THB 2.76 billion was from the primary market and THB 19.58 billion from the secondary market. For the first five months, the total fund raised reached THB 75.06 billion.

The average derivatives trading volume was 243,889 contracts per day in May. For the first five months, the average derivatives trading volume was 281,141 contracts per day, a 1.42 percent decrease compared to full-year 2016, mainly due to a decline in the trading of SET50 Index Futures.

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