Thai Bourse’s 2015
Performance
15
In 2015, The Stock Exchange of Thailand (SET) showed remarkable development regionally,
despite domestic uncertainty and global volatility. The daily trading value of SET and Market for
Alternative Investment (mai) averaged at THB 44.30 billion (USD 1.23 billion), the highest trading
value in ASEAN for three consecutive years. The market capitalization of newly listed companies
on SET and mai was THB 289.32 billion (USD 8.03 billion) from 41 companies, the highest level
among regional stockmarkets for the third consecutive year. Furthermore, the number of investors
grew to 146,176 accounts, especially the online account which continued to grow strongly to
137,693 accounts. The SET Index ended 2015 at 1,288.02 points, down by 14 percent from the end
of 2014, moving in similar direction to other exchanges in the region but providing better return
the the MSCI emerging market figure.
Overview
In 2015, the capital market was affected by domestic
economic slowdownsuchas the lower-than-expectedexport figure,
including such external factors as fear of Chinese economy’s
slow growth; concern about US Federal Reserve rate hike for the
first time in nine years, etc. SET index ended 2015 at 1,288.02
points, down by 14.0 percent from the end of 2014, which
moved accordingly to peers in the same region but provided
better return than MSCI emerging market figure, while both
SET and mai paid dividend yield higher than in 2014. Market
capitalization decreased to THB 12.6 trillion (USD 350 billion),
down by 11.5 percent from the end of 2014 as the SET index
went down. At the end of 2015, there were a total of 1,646
securities listed on SET and 166 securities on mai.
Index and market capitalization of SET and mai
Index and market capitalization of SET
Index and market capitalization of mai
Source: SETSMART
2013
2014
2015
12,000,000
14,000,000
16,000,000
10,000,000
8,000,000
6,000,000
4,000,000
2,000,000
1,450
1,500
1,550
1,400
1,350
1,300
1,250
1,200
1,150
13,856,000
12,283,000
11,497,000
1,298.71
1,497.67
1,288.02
Market
capitalization
(unit:THBmillion)
SET
Index
Market capitalization of SET
SET Index
300,000
350,000
400,000
450,000
250,000
200,000
150,000
100,000
50,000
0
0
383,000
323,000
177,000
356.80
700.05
522.62
600
700
800
500
400
300
200
100
Market
capitalization
(unit:THBmillion)
mai
Index
2013
2014
2015
Market capitalization of mai
mai Index