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04 Jul 2019 16:57:00
SET News : SET market report for June 2019
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        SET News 48 /2019
        July 4, 2019
SET market report for June 2019
BANGKOK, July 4, 2019 - The Stock Exchange of Thailand (SET) Index at end-June 
increased 6.8 percent from the previous month, marking the best performer in
Asia, and 10.6 percent from end-2018 to 1,730.34 points. The average daily
trading value of SET and Market for Alternative Investment (mai) in June was THB
60.53 billion (approx. USD 1.95 billion), up 3.1 percent from the preceding
month. Foreign investors were the net buyers of Thai shares for the third
straight month in June, gaining the highest monthly net inflows in the region.
SET Senior Executive Vice President Soraphol Tulayasathien said that SET Index 
rose to the highest among Asian bourses with the most value of foreign net
inflows in June, boosted by the prospect of continuity in Thailand's economic
policies following a clearer picture of local politics, coupled with a string of
positive external factors including US-China's ease of trade tensions and the
US Federal Reserve (Fed)'s gradual move in monetary policy.

Key highlights for June

Securities market:
- SET Index ended June at 1,730.34 points, up 10.6 percent from end-2018. 
Technology, Agro & Food, Resources, and Property & Construction industry groups
outpaced SET Index.
- In June, foreign investors bought a net THB 46.95 billion of Thai shares.
- The average daily trading value of SET and mai in June rose 3.1 percent from 
the preceding month to THB 60.53 billion.
- Forward and historical P/E ratios of SET were 16.4 times and 18.6 times 
respectively at end-June, compared with  the average of the Asian peers of 14.5
and 16 times respectively.
- Dividend yield ratio of SET was 2.98 percent at the end of June, above Asian 
stock markets' average ratio of 2.79 percent.
- A combined market capitalization of SET and mai at end-June jumped by 10.9 
percent from end-2018 to THB 18 trillion, moving in tandem with SET Index.
- Fund mobilized through IPOs during the first half of 2019 was THB 8.53 

Derivatives market:
-    In June, the average derivatives trading volume rocketed by 65 percent from
 the previous month to 590,647 contracts per day.

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