SET market report for May 2019

Stocks and Financial Services Press Releases Monday June 10, 2019 17:02
กรุงเทพฯ--10 มิ.ย.--SET

The Stock Exchange of Thailand (SET) Index at the end of May rose 3.6 percent from end-2018 to 1,620.22 points, ranking as the third best performer in ASEAN. However, the index declined 3.2 percent from the end of the previous month. The average daily trading value of SET and Market for Alternative Investment (mai) in May amounted to THB 58.69 billion (approx. USD 1.83 billion), up 40 percent from the previous month. Foreign investors were the net buyers of Thai shares in May.

SET Senior Executive Vice President Soraphol Tulayasathien said that resulting from the MSCI rebalancing for higher weight of Thai and Chinese stocks in May, foreign and institutional investors adjusted their investment portfolio accordingly. However, key external factor, including the escalation of US-China trade war pressured investment sentiment across the globe. As a result, most Asian stock markets declined in May, while SET Index fell down 3.2 percent from the previous month, faring better than most of other Asian markets.

Key Highlights for May
Securities market: