SET Index ends September down 2.4% from August
The Stock Exchange of Thailand's main index ended September at 1,349, a 2.4-per-cent drop from the end of August and a 9.9-per-cent decrease from end-2014, in line with other Asian markets.
However, the SET Index’ fall was less than those of the MSCI Asia ex Japan Index and MSCI Emerging Markets Index.
The combined market capitalisation of the SET’s main board and the Market for Alternative Investment (MAI) was Bt13.11 trillion at the end of September, a 7.95-per-cent drop from end-2014. The combined average daily securities trading value of the SET’s main board and MAI in the third quarter dropped 24.35 per cent from same period last year to Bt41.15 billion.
Derivatives’ average daily trading volume in the third quarter rose 10.7 per cent year on year to 213,999 contracts.
Market capitalisation of the SET was Bt12.76 trillion at the end of September, a 7.9-per-cent drop from end-2014, while market valuation of the MAI was Bt346.3 billion, down 9.6 per cent from the end of 2014.
The forward P/E (price to earnings) ratio for the SET was 14.58 times, while the MAI’s was 27.93 times.
Dividend yield for the SET was 3.33 per cent, while the MAI’s was 1.22 per cent.
The combined average daily securities trading value of the SET and MAI in the third quarter dropped 24.35 per cent from the same period of last year to Bt41.15 billion, but trading in the first nine months rose 8.21 per cent to an average of Bt45.42 billion compared with the same period a year earlier.
Meanwhile, the Thai Bond Market Association has maintained its forecast that Thai companies’ debenture issues this year will total Bt520 billion. In the first nine months, Thai companies issued debentures worth Bt428.23 billion.
