Annual Report 2017

8 Annual Report 2017 Over the past four years, The Stock Exchange of Thailand (SET) has continuously worked to build the solid foundation for long-term sustainable growth of Thailand’s capital market. The outcomes of ongoing efforts, in terms of both quantity and quality, have been recognized in the regional and global stages. On the quantity aspect, the SET Index, which continued to rise in 2017, reached a record high of 1,838.96 points on January 24, 2018. Meanwhile, the average daily trading value also rose to THB 50.11 billion (approx. USD 1.52 billion) in 2017. On fundraising, the market capitalization of IPOs peaked at THB 426.35 billion, another record high and the highest among the ASEAN-5. In fact, the accumulative capital raised from 2014 to 2017, another top record for ASEAN-5, has shown that businesses continued to see attractive fundraising from SET. Notably, foreign securities were also listed on SET in 2017, reflecting the Thai capital market’s positioning as a regional fundraising hub. As a result of the above mentioned, the combined market capitalization of SET and Market for Alternative Investment (mai) recorded a new high of THB 17.9 trillion at the end of 2017. In parallel with the quantitative achievements, SET has consistently emphasized the quality improvements of our listed companies to promote confidence among investors, domestically and internationally. SET has ensured the quality at all stages, starting from the stage to groom businesses for listing until the day companies are listed. “SET builds strong capital market foundations and thrives on regional and global stages.” Message from the President