The Stock Exchange of Thailand (SET) Index, as of end of April , rose 1.5 per cent from end-2017 and 0.2 per cent from the previous month to 1,780.11 points, while the combined average daily trading value of SET and Market for Alternative Investment (mai) in April was Bt61.49 billion (US$1.92 billion), a 53.2 per cent year-on-year increase.
SET Senior Executive Vice President Pakorn Peetathawatchai said that Asean stock exchanges’ indices in April moved in different directions, with the indices in Thailand, Singapore and Malaysia up slightly while Vietnam, Indonesia and the Philippines ended lower. On the Thai exchange, domestic retail and institutional investors were net buyers in April 2018.
In April, foreign investors sold a net Bt21.40 billion of Thai shares, in line with most regional stock markets and the Thai bond market, where foreign investors were also net sellers in April.
Forward P/E ratio of SET was 16.26 times at end-April, while historical P/E ratio was 18.29 times, comparing with the average ratio of its Asian peers at 14.34 times and 15.93 times, respectively.
Dividend yield ratio of SET was 2.87 per cent at end-April, above Asian stock markets' average ratio of 2.56 percent.
A combined market capitalisation of SET and mai at end-April amounted to Bt18.1 trillion, up 1.2 per cent from the end of 2017.