Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index: 83,941.98 +716.66

Thai Futures Market Reaches New Record High

Date 21/09/2006

After closing on September 20, SET50 Index Futures trading spiked to 3,623 contracts today, its highest daily number since inception.

The resumption of trading on the Thai Futures Exchange (TFEX) was extremely active, far outstripping the usual daily average of 795 contracts, TFEX Managing Director Ms. Kesara Manchusree stated

Furthermore, SET50 Index Futures prices were higher than the underlying Index, reflecting investor confidence and a positive outlook for the Thai market.

The settlement prices for each contract month are:
  • S50U06 (maturing 28 September 2006) : 489.80 points
  • S50Z06 (maturing 28 December, 2006) : 494.40 points
  • S50H07 (maturing 29 March, 2007) : 493.10 points
  • S50M07 (maturing 28 June, 2007) : 494.50 points

Today the index closed at 487.04 points.

Trading in S50Z06 was particularly enthusiastic at 2,668 contracts, while 911 contracts were traded in S50U06.