Bangkok--18 Dec--SET
The Stock Exchange of Thailand (SET)’s SET Click2WIN 2008 attracted than 35,000 contestants and more than 2,500 new accounts. This is the second year in which SET and other capital market agencies have conducted this very successful simulation, which promotes the hands-on learning of internet-based trading.
“SET Click2WIN 2008: Thailand Stock Simulation ran during April 30 - October 30, 2008, allowing the public to actually try executing buy/sell orders and experiencing a real-time trading environment, SET President Patareeya Benjapolchai said.
“This year’s winners in the ‘investor’ and ‘experimenter’ categories posted returns of 125.21% and 82.65%, respectively. These are relatively high results, given that the SET index has been falling and fluctuating widely over the second and third quarters of 2008,” Ms. Patreeya added.
Around 35,000 contestants signed up for this year’s competition - double last year’s registration. Of this number, 6,888, or 20%, were practicing investors, while 27,559, or 80%, were experimenters. In the latter category, 61.65% were from the general public and 38.35% were students SETTRADE CEO Chanisa Chutipat noted.
“The simulation successfully promotes internet-based stock trading, as it is convenient and inexpensive. As of October 31, 2008, 184,896 internet accounts have been opened,” Ms. Chanisa explained.
The rise of SET Click2WIN 2008 reflects SET’s goal of increasing stock trading via new technology to allow Thais across the country equal access and attract more investors to the market, SET Executive Vice President Vichate Tantiwanich said.
This year’s winner from the ”investor” category was Mr. Tawatchai Sirisapsathit, who received THB 300,000 to be invested in TDEX (equity ETF) . The winner from the ”experimenter” category, Mr. Pol Awasadaporn , was awarded THB100,000 to be invested in TDEX (equity ETF) as well. The total trading volume was THB 120 billion (approx. US$3.45 billion) or 11.60% of real market turnover. The most-active stocks were PTT, Banpu, PTTEP, KBANK and EMC.
There were more than 100 prizes for monthly winners and top 500 scorers, worth more than THB 1.62 million (approx. US$46,590).
Interested persons can find out more about SET Click2WIN 2008: Thailand Stock Simulation and check the list of prize winners at www.settrade.com/click2win or by contacting S-E-T Call Center 0 2229-2222.
For more information, please contact the Corporate Communications Dept.:
Ladawan Kantawong Tel: 0-2229-2036 / Sarinluck Jitkawong Tel: 0-2229-2037 /
/ Watsamon Saowakhonsathien Tel: 0-2229-2797