SET securities trading jumps 17% in first 7 months

 
As at the end of July, the SET Index was at 1,199.30 points, up 2.32 per cent from the previous month and rising 16.97 per cent from the end of last year.
Foreign investors have bought a net Bt64.62 billion in the first seven months, their trading volume accounting for 24.58 per cent of the total.
The combined trading volume of the SET and the Market for Alternative Investment (MAI) in July was Bt27.95 billion, up by 6.1 per cent from the previous month but down 19.44 per cent from a year earlier. Market sentiment in July was weighted by mounting concern over the euro-zone crisis, especially in Greece and Spain, as well as slowing growth of China’s economy.
Market capitalisation of the SET was Bt9.94 trillion, up 2.39 per cent from June and an increase by 18.25 per cent from the end of last year. Meanwhile market valuation of the MAI was Bt86.23 billion, up 11.53 per cent from the end of 2011, and up 5.48 per cent from the previous month.
Foreign investors were net buyers in July, purchasing a net Bt525 million.
Listed companies raised funds through equity worth a combined Bt7.46 billion in July. Of that total, Bt4.71 billion was from initial public offerings, and Bt2.74 billion from secondary equity offerings. In the first seven months of this year, a total of Bt68.29 billion was raised through the Thai stock market.
Derivatives trading volume in July, however, fell 17.46 per cent from a month earlier to an average of 43,380 contracts per day, mainly because of falling trading volumes of SET50 Index Futures Gold Futures and SET50 Index Options.
In the first seven months, average daily trading |volume was 43,954 contracts, up 34.16 per cent from a year earlier.