Bangkok--12 Mar--SET
- Daily average trading volume down 12 pct month-on-month to USD 858 mln
- Market cap at USD 362 billion, up 4 pct from a month ago
- Derivatives trading down 19 pct month-on-month at 43,746 contracts per day
The Stock Exchange of Thailand (SET) securities trading value in February dropped from a month ago, and decreased sharply compared with a year earlier when liquidity in emerging markets was pushed up by economic stimulus measures of Japan, England and United States.
The SET main index ended February at 1,325.33 points, up 2.05 percent from end-2013. Foreign investors had been selling Thai shares for the past four consecutive months, selling a net USD 653 million in February. Combined average daily trading value of SET and Market for Alternative Investment (mai) was at THB 27.90 billion (approx. USD 858 million), or down 12.18 percent from a month ago and down 55.04 percent from a year earlier, while daily trading volume of derivatives dropped 18.52 percent from a month ago at 43,746 contracts per day.Key highlights for February Securities - Market capitalization of SET was at THB 11.75 trillion (USD 362 billion), up 3.92 percent from the end of 2013, while market valuation of mai was at THB 168.91 billion (USD 5.20 billion), up 7.24 percent.- The forward P/E ratio for the SET was at 12.47 times, up slightly from a month ago, but down from a year earlier, while mai's forward P/E ratio increased month-on-month to 13.93.- The dividend yield of the SET dipped to 3.24 percent from January, while mai's was down at 1.90 percent.- Listed companies raised funds through equity worth a combined THB 1.97 billion (USD 60.6 million), in February, down 66.88 percent a month earlier, of which, THB 250 million was raised from an initial public offering (IPO), and THB 1.72 billion was raised from the secondary market. Derivatives Derivatives trading volume fell 18.52 percent in February from a month earlier to an average of 43,746 contracts per day, due mainly to a decrease of SET50 index futures. For more information, please visit www.set.or.th/setresearch
SET group: “Matching Your Right Financial Opportunities”
For more information, please visit www.set.or.th
Members of the media should contact the Public Relations Unit, Corporate Communications Dept.:
Kanokwan Khemmalai, tel: +66 (0) 2229 2048 / Arada Kultawanich, tel: +66 (0) 222 2796