Sign up | Log in



Home  >>   Daily News  >>   Thailand  News  >>   Capital markets  >>   Thai bourse's index soars 41 percent above 2010
NEWS UPDATES Asean Affairs        19  January 2011

Thai bourse's index soars 41 percent above 2010

Related Stories

January 6, 2011
Thai IPO offers expected to be numerous

December 4, 2010
Thai tax breaks for MAI listing

October 27, 2010
Thai fund opens for Chinese stocks

October 14, 2010
Thailand's SET enjoys Best 3rd quarter

March 15, 2010
Thailand: Grenade attack raises tension as red-shirt protests

The overview performance of the Thai capital market in 2010 improved year-on-year, whether in terms of indices, market capitalization, or trading value. The Stock Exchange of Thailand's SET Index closed 2010 at 1,032.76, up 40.60 percent from end-2009 and the second biggest rise in Asia.

Total market capitalization from both SET and Market for Alternative Investment (Mai) as of Nov. 8, 2010 hit an all-time high at THB8.56 trillion (approx. US$280.20 billion). The year 2010 saw a new record high in daily average trading value of SET and mai combined of THB29.06 billion (approx. US$ 950.49 million), a year-on-year increase of 59.47 percent. Other all-time highs include Internet-based trading reaching 24.56 percent of total trading by value and daily average derivatives trading volume reached 18,676 contracts.

In 2010, the number of transactions on the SET represented a very high increase. Even though trading was limited during the first five months of the year due to local political problems, local investor confidence and foreign fund flows into Thai and other regional stock markets in the second half of 2010 making Thai Exchange's index rise 40.60 percent, which was second highest in Asia (the Indonesian index rose 46.13 percent).

Thai sectoral stock indices also improved in 2010 over their 2009 performances, particularly the Industrials, Agro & Food Industry and Services, whose gains outpaced the SET Index. In addition, the forward P/E ratio of the SET at end-December 2010 increased to 14.55 times from end-2009, while the Mai index closed at 272.79 points at end- 2010, or a 26.70 percent year-on -year rise.

At end-2010, the SET's market capitalization was at THB8.33 trillion (approx. USD272.55 billion), a 41.91 percent y-o-y rise, while the mai market capitalization was THB55.12 billion (approx. US$1.8 billion), a 40.88 percent y-o-y increase. As a result, the ratio of the market cap to GDP went up from 65.40 percent at the end of 2009 to 86.48 percent.

In 2010, average daily turnover at SET and Mai was at THB29.06 billion (approx. USD950.49 million), a 59.47 percent y-o-y rise, which is the highest since the Thai stock market opened 35 years ago. Foreign investors were net buyers of THB81.41 billion (approx. US$2.66 billion).

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    19  January 2011 Subsribe Now !
• Asean-China outlook
Subcribe: Asean Affairs Global Magazine
• Panasonic opens Cambodian office Asean Affairs Premium
• Deutsche Bank warns of Indo inflation
• Sasol Withdraws From $10 Billion Project in Indonesia
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Proton seeks funding to revive Lotus
• Singapore Exchange to boast world's fastest trading engine
• Thai bourse's index soars 41 percent above 2010
• Vietnam appoints new party leader
Asean Analysis    19 January 2011 Advertise Your Brand
• How do Thais feel about China’s clout? Sponsor Our Events
Asean Stock Watch    19 January 2011
• ASEAN Stock Outlook
Global News Impacting Asia    17 November 2010
• Bank of America sees Asian inflation
• Lloyd’s increases insurance push in Malaysia
• Wells Fargo analyst on euro
• Obama’s visit to Asia

ASEAN NEWS UPDATES      Updated: 04 January 2011

• Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2021 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand