- SET Index closed at 1,483.21 points, up 15.2 pct from end-2015
- Average daily securities trading value at THB 57.86 bln, rising 46.66 pct y-o-y
- Market cap at THB 14.7 trillion, a 16.83 pct rise from end-2015
- Foreign investors remained net buyers with trading in Thai shares standing at 30.3 percent, highest since January 2014,
- Average derivatives trading at 472,321 contracts, rising 45.5 pct m-o-m.
The Stock Exchange of Thailand (SET) Index ended September at 1,483.21, a 15.2 percent rise from the end of 2015, underpinned by the ongoing capital inflows. Foreign investors played a crucial role in boosting liquidity as their trading in Thai shares stood at 30.3 percent, the highest since January 2014. They were net buyers of Thai shares for five consecutive months and bought net in Thai stocks in September at THB 17.64 billion (USD 504 million), while being net sellers in such ASEAN countries as Indonesia, the Philippines and Vietnam.
At the end of September, the combined market capitalization of SET and Market for Alternative Investment (mai) was at THB 14.7 trillion (USD 420 billion), a 16.83 percent increase from the end of last year. The average daily trading value of SET and mai in September was THB 57.86 billion, rising 46.66 pct y-o-y.
Key highlights for September
Securities:
- SET Index ended September at 1,483.21 points, up 15.2 percent from end-2015, decreasing 4.2 percent from a month earlier.
- Market capitalization of SET was at THB 14.36 trillion, up 16.95 percent from end-2015, while market valuation of mai was at THB 362.72 billion, up 12.13 percent from end-2015.
- Forward P/E ratio of SET was 15.58 times, while mai's was 22.52 times.
- Dividend yield ratio of SET rose to 3.25 percent at the end of the month, while mai's increased to 1.41 percent.
- In September, average daily trading value of SET and mai rose 46.66 percent from the same period a year earlier to THB 57.86 billion (USD 1.65 billion). From January to September of this year average daily trading value of SET and mai rose 13.72 percent to THB 51.65 billion compared to the same period last year.
- Foreign investors were net buyers of Thai shares for five consecutive months, having bought net THB 133.27 billion in shares in the first nine months, and were net buyers in Thai stocks in September at THB 17.64 billion.
- In September, listed companies raised funds through equity worth a combined THB 13.45 billion, consisting of THB 8.14 billion from the primary market and THB 5.31 billion from the secondary market. In the first nine months, the total fund raising was worth a combined THB 202.67 billion.
Derivatives:
- Derivatives trading volume rose to an average of 472,321 contracts per day in September, rising 45.51 percent from the month earlier, mostly due to the increasing transactions of SET50 Index Options and SET50 Index Futures.
- In the first nine months of 2016, average derivatives trading was 279,761 contracts per day, rising 40.06 percent from the average volume in 2015, mostly due to the increasing transactions of 10 Baht Gold Futures and Single Stock Futures.