Thai bourse market report for January 2015

Monday 09 February 2015 18:12
The Stock Exchange of Thailand (SET) main index ended January at 1,581.25 points, up 5.58 percent from end-2014, boosted by the European Central Bank’s announcement on quantitative easing program, although the Swiss National Bank’s announcement on scrapping the three-year-old cap on its currency against the euro hit the sentiment. The combined average trading value of SET and mai remained high at THB 55.29 billion (approx. USD 1.68 billion), while the combined market capitalization of SET and mai was THB 15.11 trillion.

Key highlights

Securities

- SET Index closed at 1,581.25 points at the end of January, up 5.58 percent from the end of 2014.

- At the end of January, The combined market capitalization of SET and mai increased from a month earlier: the SET’s was THB 14.71 trillion, up 6.16 percent, while mai’s was THB 403.99 billion, up 5.46 percent.

- The forward P/E ratio of SET was 15.12 times, while mai’s was 21.11 times.

- The dividend yield of SET was 2.89 percent, while mai’s was 0.66 percent.

- In January, the combined average trading value of SET and mai was THB 55.29 billion.

- The foreign investors were net sellers of equity market, worth THB 5.31 billion, and were also net sellers of bond market at THB 16.6 billion.

- Listed companies on SET and mai raised funds through equity worth a combined THB 6.99 billion, up 4.47 percent from a year earlier. In the primary market, THB 4.74 billion was raised from initial public offerings (IPOs) of two companies on mai and a real estate investment trust, while THB 2.25 billion was raised from the secondary market.

Derivatives

- In January, derivatives trading volume was 183,596 contracts, down 33 percent from a month earlier, mostly due to drops in SET50 index Futures and Single Stock 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.