Fourteen Thai Stocks Added To MSCI Global Small Cap Indexes Effective May 29

The Stock Exchange of Thailand (SET) revealed that MSCI Inc., a global index provider, would add 14 Thai stocks as components of its MSCI Global Small Cap Indexes, consisting of BA, BEAUTY, CBG, EPG, IMPACT, IFEC, MTLS, PLANB, PTG, SIM, SCN, TSE, UNIQ, and WORK, effective from May 29 making Thai bourse to have the most additions in the indexes in ASEAN.

SET Executive Vice President Santi Kiranand said that 13 SET-listed stocks and one from the Market for Alternative Investment (mai) being added to the MSCI Global Small Cap Indexes, with a combined market capitalization of THB 285.68 billion (approx. USD 8.66 billion, as of May 12, 2015), whereas two Thai stocks have been removed from this set of indexes. On MSCI Global Standard Indexes, there was no change for Thai stocks on the review.

“There are fourteen additions from Thailand, seven from Indonesia, Singapore and Malaysia at four each and three from the Philippines. The fact that Thailand has the most additions in ASEAN reflects that small-and medium-cap stocks are still attractive in terms of size and liquidity compared with other neighboring markets, although the Thai stock market has been hit by uncertainties from domestic and overseas factors. Among the additions, it is interesting to note that eight stocks are newly-listed or recently-listed companies in 2014 and 2015, representing 57 percent of the total additions. These are BA, CBG, EPG, MTLS, PLANB, SCN, TSE and IMPACT being Thailand’s first real estate investment trust (REIT), well selected into the indexes,” Santi said.

The MSCI indexes measure equity market performance. They are well-known among foreign institutional investors, especially fund managers, who use them as benchmarks to measure Thailand’s equity market. However, there are several types of MSCI indexes, divided by region, country, size, sector, etc. MSCI does not include all stocks traded on SET in its indexes, but make selection based on market cap, liquidity and the level of tradable stocks among foreign investors.

List of Thai listed companies and securities being added into MSCI Global Small Cap Indexes

	Listed Company Name	Symbol
1	BANGKOK AIRWAYS	BA*
2	BEAUTY COMMUNITY PUBLIC COMPANY LIMITED	BEAUTY
3	CARABAO GROUP PUBLIC COMPANY LIMITED	CBG*
4	EASTERN POLYMER GROUP PUBLIC COMPANY LIMITED	EPG*
5	INTER FAR EAST ENGINEERING PUBLIC COMPANY LIMITED	IFEC
6	IMPACT GROWTH REAL ESTATE INVESTMENT TRUST	IMPACT*
7	MUANGTHAI LEASING PUBLIC COMPANY LIMITED	MTLS*
8	PLAN B MEDIA PUBLIC COMPANY LIMITED	PLANB*
9	PTG ENERGY PUBLIC COMPANY LIMITED	PTG
10	SAMART I-MOBILE PUBLIC COMPANY LIMITED	SAMART
11	SCAN GLOBAL PUBLIC COMPANY LIMITED	SCN*
12	THAI SOLAR ENERGY PUBLIC COMPANY LIMITED	TSE*
13	UNIQUE ENGINEERING AND CONSTRUCTION PUBLIC COMPANY LIMITED	UNIQ
14	WORKPOINT ENTERTAINMENT PUBLIC COMPANY LIMITED	WORK

List of Thai constituents in MSCI Global Standard Indexes

	Listed Company Name	Symbol
1	ADVANCED INFO SERVICE PUBLIC COMPANY LIMITED	ADVANC
2	AIRPORTS OF THAILAND PUBLIC COMPANY LIMITED	AOT
3	BANPU PUBLIC COMPANY LIMITED	BANPU
4	BANGKOK BANK PUBLIC COMPANY LIMITED	BBL
5	BEC WORLD PUBLIC COMPANY LIMITED	BEC
6	BANGKOK DUSIT MEDICAL SERVICES PUBLIC COMPANY LIMITED	BGH
7	BUMRUNGRAD HOSPITAL PUBLIC COMPANY LIMITED	BH
8	BTS GROUP HOLDINGS PUBLIC COMPANY LIMITED	BTS
9	CP ALL PUBLIC COMPANY LIMITED	CPALL
10	CHAROEN POKPHAND FOODS PUBLIC COMPANY LIMITED	CPF
11	CENTRAL PATTANA PUBLIC COMPANY LIMITED	CPN
12	DELTA ELECTRONICS (THAILAND) PUBLIC COMPANY LIMITED	DELTA
13	ENERGY ABSOLUTE PUBLIC COMPANY LIMITED	EA
14	GLOW ENERGY PUBLIC COMPANY LIMITED	GLOW
15	HOME PRODUCT CENTER PUBLIC COMPANY LIMITED	HMPRO
16	IRPC PUBLIC COMPANY LIMITED	IRPC
17	INDORAMA VENTURES PUBLIC COMPANY LIMITED	IVL
18	KASIKORNBANK PUBLIC COMPANY LIMITED	KBANK
19	KRUNG THAI BANK PUBLIC COMPANY LIMITED	KTB
20	MINOR INTERNATIONAL PUBLIC COMPANY LIMITED	MINT
21	PTT PUBLIC COMPANY LIMITED	PTT
22	PTT EXPLORATION AND PRODUCTION PUBLIC COMPANY LIMITED	PTTEP
23	PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED	PTTGC
24	THE SIAM COMMERCIAL BANK PUBLIC COMPANY LIMITED	SCB
25	THE SIAM CEMENT PUBLIC COMPANY LIMITED	SCC
26	TMB BANK PUBLIC COMPANY LIMITED	TMB
27	THAI OIL PUBLIC COMPANY LIMITED	TOP
28	THAI UNION FROZEN PRODUCTS PUBLIC COMPANY LIMITED	TUF
29	TRUE CORPORATION PUBLIC COMPANY LIMITED	TRUE