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Annual Report 2014
26
SET Index Movement 2014
Jan:
SET Index
-1.88%
• FED announced additional
USD 10 billion QE tapering
beginning in February.
• Political tensions increased
and protesters shut down
and occupied Bangkok.
May:
SET Index +0.06%
• Thai court ordered PM and
several ministers to step down.
• Thai military launced
a coup on May 22, 2014.
Jun:
SET Index +4.95%
• ECB cut its refinancing rate
from 0.25% to 0.15% and
announced a negative 0.1%
deposit rate.
Mar :
SET Index +3.84%
• MPC decided to cut policy rate
by 0.25 bps to 2.0%.
• FED expected to delay further
QE tapering according to
the high unemployment rate
reported.
Apr :
SET Index +2.81%
• China‘s GDP Q1/14
grew 7.4%.
Feb:
SET Index +4.01%
• In Q4/13, Thai’s GDP
increased 0.6%,
beated the expectation
of 0.3%.
1,100
1,000
1,300
1,200
1,400
1,500
1,600
1,700
Jan
Feb
Mar
Apr
May
Jun
SET Index
(point)
Note: m-o-m: percentage change compared to previous month