News Detail

Date/Time
07 Nov 2017 17:23:00
Headline
SET News :SET market report for October 2017
Symbol
SET
Source
SET
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                                                                                        SET News
 95 /2017
                                                                           
November 7, 2017
SET market report for October 2017
-    SET Index closed at 1,721.37 points, up 11.6 pct from end-2016
-    Average daily securities trading value up slightly to USD 1.9 bln,
-    Market cap at THB 17.4 trillion (USD 512 billion), a 12 pct rise from 
end-2016
-    Average derivatives trading rose to 449,542 contracts/ day.
BANGKOK, November 7, 2017 - The Stock Exchange of Thailand (SET) Index gained 
11.6 percent from the end of last year and 2.9 percent from the end of September
to 1,721.37 points at the end of October. Thailand Futures Exchange (TFEX)
average derivatives trading volume was 449,542 contracts per day, rising 22.4
percent year-on-year.

SET Senior Executive Vice President Pakorn Peetathawatchai said the higher SET 
Index in October was in line with other Asian markets' stock movement, propelled
by optimism over third quarter's earnings, while the average derivatives
trading volume, especially Single Stock Futures, rose year-on-year.

Key highlights for October

Securities:
-    In October, foreign investors sold a net THB 7.12 billion of Thai shares, 
while being net buyers at THB 1.83 billion during January-October. The 10-month
foreign buying was in the same direction as the foreign net buying in Thai bonds
 since the beginning of this year.

-    SET Index ended October at 1,721.37 points, up 11.6 percent from end-2016. 
Four industry groups that outperformed SET Index were Industrials, Services,
Resources and Technology.

-    Forward P/E ratio of SET was 17.08 times at end-October, while historical 
P/E ratio stood at 18.56 times. Both forward and historical P/E ratios of the
Thai stock market were higher than the average ratio of Asian stock markets'
forward and historic P/E at 15.58 times and 16.95 times, respectively.

-    Dividend yield ratio of SET was 2.85 percent at end October, above Asian 
stock markets' average ratio of 2.56 percent.

-    A combined market capitalization of SET and Market for Alternative 
Investment (mai) was THB 17.4 trillion (USD 512 billion) at the end of October,
rising 12.1 percent from the end of 2016.

-    The average daily trading value of SET and mai in October amounted to THB 
64.62 billion (USD 1.9 billion), up 1.7 percent over the same period a year
before. The average daily trading value for the 10-month period from January to
October was THB 49.03 billion, down 7.2 percent from the same period a year
earlier.

Derivatives:
-   The average derivatives trading volume jumped 22.4 percent year-on-year to 
449,542 contracts per day in October, largely driven by the increase in
transactions of Single Stock Futures. During January to October, the average
daily trading volume also rose by 10.42 percent from the same period a year
earlier to 314,904 contracts a day.
                                                                        
                                          "SET...You Grow, We Groom"
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