SET market report for April 2018

Stocks and Financial Services Press Releases Thursday May 10, 2018 09:54
Bangkok--10 May--SET

The Stock Exchange of Thailand (SET) Index at the end of April rose 1.5 percent from end-2017 and 0.2 percent from the previous month to 1,780.11 points, while the combined average daily trading value of SET and Market for Alternative Investment (mai) in April was THB 61.49 billion (USD 1.92 billion), a 53.2 percent year-on-year increase.

SET Senior Executive Vice President Pakorn Peetathawatchai said that ASEAN stock exchanges' indices in April moved in different directions, with the indices in Thailand, Singapore and Malaysia up slightly while indices in Vietnam, Indonesia and the Philippines ended lower. On the Thai exchange, domestic retail and institutional investors were net buyers in April 2018.

Key highlights for April
Securities:
  • In April, foreign investors sold a net THB 21.40 billion of Thai shares, in line with most regional stock markets and the Thai bond market, where foreign investors were also net sellers in April.
  • SET Index ended April at 1,780.11 points, up 1.5 percent from end-2017. Four industry groups that outperformed SET Index were Resources, Industrials, Services and Technology, in descending order.
  • Forward P/E ratio of SET was 16.26 times at end-April, while historical P/E ratio was 18.29 times, comparing with the average ratio of its Asian peers at 14.34 times and 15.93 times, respectively.
  • Dividend yield ratio of SET was 2.87 percent at end-April, above Asian stock markets' average ratio of 2.56 percent.
  • A combined market capitalization of SET and mai at end-April amounted to THB 18.1 trillion, up 1.2 percent from the end of 2017.
  • The average daily trading value of SET and mai in April was THB 61.49 billion, up 53.2 percent from the same period a year earlier.
Derivatives: