A year of new records for MAI

The records relate to the MAI Index, market capitalisation, amount of fund mobilisation, and the number of financial instruments.
MAI president Chanitr Charnchainarong said yesterday that the MAI Index inched up 1.01 point, or 0.25 per cent, to close at 412.58 points, the highest since its establishment in 1999.
Market capitalisation reached a high of Bt132.54 billion, up 71.44 per cent from the end of 2011. About 90 per cent of the increase was contributed by existing securities and the rest by newly listed companies.
“By the end of 2012, fund mobilisation on the MAI will total Bt5.39 billion. Of that total, about Bt2.48 billion is from 10 newly listed companies, including DNA and Arrow, and Bt2.91 billion from the existing listed companies. This mobilisation figure is a historical record,” Chanitr said.
“There are 19 listed companies employing 28 financial instruments. The most popular financial instrument is stock dividend and warrants.”
To continue the MAI’s development, Noppadon Tansalarak has been appointed to its advisory committee. The committee, chaired by the Stock Exchange of Thailand president Charumporn Chotikasathien, consists of 11 advisers.
Noppadon is chief executive officer at Master Ad (MACO) and received the Best CEO Award at this year’s SET Awards. MACO, listed on the MAI, received the Best Company Performance Award at the same event.
The MAI currently consists of 81 listed companies.