18
SET News 24 /2020 May 12, 2020 SET market report for April 2020 BANGKOK, May 12, 2020 - The Stock Exchange of Thailand (SET) Index ended April at 1,301.66 points, gaining 15.6 percent from the preceding month, while the average daily trading value of SET and Market for Alternative Investment (mai) surged 28 percent to THB 68.09 billion (approx. USD 2.10 billion) from the 2019 average. Foreign investors sold a net THB 46.78 billion worth of Thai shares, moving in tandem with other Asian markets. SET Senior Executive Vice President Soraphol Tulayasathien said that the Thai stock market index in April bounced back from the steep decline in March, similar to the global markets. SET Index, which soared 15.6 percent month-on-month in April from the previous month, was considered Asia's second best performer along the improving sign of the Covid-19 spread. The factors for investors to monitor in the upcoming phase, apart from the effectiveness of disease containment strategy, are the adaptability and agility of the people and business operators in the new normal to prevent the repeat of the spread after the easing of restrictions, including the return of economic activities in both local and global markets. Key highlights for April Securities market: SET Index closed at 1,301.66 points at the end of April, rising 15.6 percent from the previous month. Industrials, Resources, Services, and Property & Construction industry groups outpaced SET Index. In April, foreign investors sold a net THB 46.78 billion. The average daily trading value of SET and mai in April amounted to THB 68.09 billion, up 28 percent from the average in 2019. Forward P/E ratio of SET was 17.7 times at the end of April, while historical P/E ratio was 15.1 times, higher than the average of the Asian markets at 13.3 times and 14.0 times, respectively. Dividend yield ratio of SET was 4.0 percent at end-April, above Asian stock markets' average ratio of 3.3 percent. The combined market capitalization of SET and mai at end-April totaled THB 14.2 trillion, down 16.4 percent from end-2019. From January to April, the fund-raising via initial public offering (IPO) totaled THB 56.13 billion, while the secondary public offering (SPO) amounted to THB 11.67 billion. Derivatives market: In April, the average derivatives trading volume was 365,223 contracts per day, down 51.6 percent from the previous month. “SET…Make it Work for Everyone” Follow us on Twitter @SET_Thailand Members of the media please contact the Media Relations Unit, Corporate Communications Dept.: Ornsiri Boontam tel: +66 (0) 2009 9484 / Arada Therdthammakun tel: +66 (0) 2009 9483 / Kanokwan Khemmalai tel:+66 (0) 2009 9478.

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Page 1: Follow us on Twitter @SET Thailand “SET…Make it Work for … · 2020-05-19 · Dividend yield ratio of SET was 4.0 percent at end-April ... • เมื่อเทียบกับสิ้นเดือนก่อน

SET News 24 /2020 May 12, 2020

SET market report for April 2020 BANGKOK, May 12, 2020 - The Stock Exchange of Thailand (SET) Index ended April at 1,301.66 points, gaining 15.6 percent from the preceding month, while the average daily trading value of SET and Market for Alternative Investment (mai) surged 28 percent to THB 68.09 billion (approx. USD 2.10 billion) from the 2019 average. Foreign investors sold a net THB 46.78 billion worth of Thai shares, moving in tandem with other Asian markets. SET Senior Executive Vice President Soraphol Tulayasathien said that the Thai stock market index in April bounced back from the steep decline in March, similar to the global markets. SET Index, which soared 15.6 percent month-on-month in April from the previous month, was considered Asia's second best performer along the improving sign of the Covid-19 spread. The factors for investors to monitor in the upcoming phase, apart from the effectiveness of disease containment strategy, are the adaptability and agility of the people and business operators in the new normal to prevent the repeat of the spread after the easing of restrictions, including the return of economic activities in both local and global markets. Key highlights for April Securities market:

SET Index closed at 1,301.66 points at the end of April, rising 15.6 percent from the previous month. Industrials, Resources, Services, and Property & Construction industry groups outpaced SET Index.

In April, foreign investors sold a net THB 46.78 billion.

The average daily trading value of SET and mai in April amounted to THB 68.09 billion, up 28 percent from the average in 2019.

Forward P/E ratio of SET was 17.7 times at the end of April, while historical P/E ratio was 15.1 times, higher than the average of the Asian markets at 13.3 times and 14.0 times, respectively.

Dividend yield ratio of SET was 4.0 percent at end-April, above Asian stock markets' average ratio of 3.3 percent.

The combined market capitalization of SET and mai at end-April totaled THB 14.2 trillion, down 16.4 percent from end-2019.

From January to April, the fund-raising via initial public offering (IPO) totaled THB 56.13 billion, while the secondary public offering (SPO) amounted to THB 11.67 billion.

Derivatives market:

In April, the average derivatives trading volume was 365,223 contracts per day, down 51.6 percent from the previous month.

“SET…Make it Work for Everyone” Follow us on Twitter @SET_Thailand

Members of the media please contact the Media Relations Unit, Corporate Communications Dept.: Ornsiri Boontam tel: +66 (0) 2009 9484 / Arada Therdthammakun tel: +66 (0) 2009 9483 / Kanokwan Khemmalai tel:+66 (0) 2009 9478.

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SET market Summary Report for April 2020 ภาวะตลาดหลกัทรพัย ์เมษายน 2563

May 12, 2020

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2

• ณ สิน้เดอืนเมษายน SET Index ปรบัเพิม่ขึน้ 15.6% จากสิน้เดอืนก่อนในสกุลเงนิบาท และ 16.5% ในสกุลดอลลาร ์ลดลงน้อยกวา่ตลาดสว่นใหญ่ในอาเซยีน

• เมือ่เทยีบกบัสิน้เดอืนก่อน ม ี4 กลุ่มอุตสาหกรรมทีป่รบัตวัเพิม่ขึน้มากกวา่ SET Index ไดแ้ก่ กลุ่มสนิคา้อุตสาหกรรม กลุ่มทรพัยากร กลุ่มบรกิาร และกลุ่มอสงัหารมิทรพัยแ์ละก่อสรา้ง

• ในเดอืนเมษายน ผูล้งทุนต่างชาตขิายสทุธใินตลาดหลกัทรพัยไ์ทยซึง่เป็นไปในทศิทางเดยีวกบัตลาดสว่นใหญ่ในภมูภิาค

• ในเดอืนเมษายน มลูคา่ซือ้ขายในตลาดหลกัทรพัยไ์ทยเพิม่ขึน้ 28% จากคา่เฉลีย่ในปี 2562

• ไทยยงัคงเป็นผูน้ าในดา้นมลูคา่การระดมทุนในตลาดแรก (IPO) ใน 4 เดอืนแรกของปี 2563

สรปุสถิติส าคญัตลาดหลกัทรพัยไ์ทย เมษายน 2563

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3

ตลาดหลกัทรพัยไ์ทยเคล่ือนไหวในทิศทางเดียวกบัตลาดอาเซียน

Source: Bloomberg

Stock index movement (in local currency) Data as of Apr 30, 2020; rebased end-2019 = 100

50

60

70

80

90

100

110

Dec-19 Jan-20 Feb-20 Mar-20 Apr-20

Malaysia

Thailand

Singapore

Vietnam

Indonesia

Philippines

50

60

70

80

90

100

110

Dec-19 Jan-20 Feb-20 Mar-20 Apr-20

MSCI asia ex japan

MSCI world index

MSCI emerging market

Thailand

MSCI frontier markets

MSCI ASEAN

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4

-26.6 -30.9 -24.2 -20.9 -22.3 -22.6 -24.0

-17.0 -13.1 -12.1 -15.7 -15.4 -7.8 -5.8

-27.1 -25.1 -24.2 -20.0 -18.6 -18.3 -17.6 -17.0 -14.6 -12.6 -11.4 -11.4 -8.4 -4.5

Philippines Indonesia MSCIASEAN

Vietnam Singapore India Thailand MSCI EM Japan Hong Kong Malaysia Korea Taiwan China

USD Local currency

ณ ส้ินเดือนเมษายน SET Index ปรบัเพ่ิมขึน้ 15.6% จากส้ินเดือนก่อนในสกลุเงินบาท และ 16.5% ในสกลุดอลลาร ์ซ่ึงสงูเป็นอนัดบั 2 ในเอเชีย

Source: Bloomberg, * MSCI EM = MSCI Emerging Markets Index

12.0

4.6 4.4 6.8 6.4 7.6 7.9 9.0 9.9 11.5

15.2 14.7 16.5 17.0

3.9 4.2 4.4 5.8 6.1 6.7 7.1 9.0 9.9 11.0 13.2 14.4 15.6 16.1

Indonesia Malaysia Hong Kong Singapore China Japan Philippines MSCI EM MSCIASEAN

Korea Taiwan India Thailand Vietnam

USD Local currency

Stock index price change (%MTD ) Unit: percent; (end of Mar 2020 – Apr 30 , 2020)

Stock index price change 2020 (%YTD) Unit: percent; (end of Dec 2019 – Apr 30 , 2020)

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5

เมื่อเทียบกบัส้ินเดือนก่อน มี 4 กลุ่มอตุสาหกรรมท่ีปรบัตวัเพ่ิมขึน้มากกว่า SET Index ได้แก่ กลุ่มสินค้าอตุสาหกรรม กลุ่มทรพัยากร กลุ่มบริการ และกลุ่มอสงัหาริมทรพัยแ์ละก่อสร้าง

SET index classified by industry (Data as of Apr 30, 2020; rebased end-2019 = 100)

%YoY %MTD %YTD Weight Mkt cap. 2017 2018 2019 Feb 20 Mar 20 Apr 20 Apr 20 Apr 20

SET 13.7 -10.8 1.0 -11.5 -16.0 15.6 -17.6 100% SET50 17.7 -7.9 2.3 -11.8 -15.7 15.4 -18.2 70%

Industrial 28.7 -13.9 -22.8 -10.2 -19.4 23.4 -20.8 4% Resource 19.6 -6.3 8.9 -13.3 -19.2 20.8 -17.3 23% Service 19.7 -8.7 3.5 -13.2 -12.3 18.6 -13.8 28% Property 6.6 -13.2 -5.4 -11.1 -16.8 17.0 -17.3 14%

Agro & Food -1.9 -22.4 13.0 -9.9 -14.8 14.1 -10.6 7% Financial 11.5 -9.2 -7.4 -10.9 -23.8 8.4 -30.9 13%

Consumption -5.1 -24.5 -13.5 -8.0 -12.2 7.2 -15.4 1% Technology 7.5 -14.8 10.2 -6.0 -4.9 4.3 -11.1 10%

Source: SETSMART

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6 Note: exclude mai Source: Bloomberg

ในเดือนเมษายน 2563 ผูล้งทนุต่างชาติขายสทุธิในตลาดหลกัทรพัยไ์ทยซ่ึงเป็นไปในทิศทางเดียวกบัตลาดในภมิูภาค

Net buy / sell Yearly 6 months Quarterly Monthly

2020 YTD 2018 2019 H1/19 H2/19 1/2019 4/2019 1/2020

2020 Feb Mar Apr

THAILAND -8,913 -1,495 1,318 -2,813 -407 -1,323 -3,639 -627 -2,450 -1,439 -5,078

INDONESIA -3,656 3,463 4,843 -1,380 843 -190 -714 -340 -375 -560 -1,274 MALAYSIA -2,885 -2,524 -1,131 -1,393 -332 -620 -1737 -390 -1,314 -612 -2,349 PHILIPPINES -1,080 -239 407 -646 622 -358 -646 -179 -303 -325 -971 VIETNAM 1,884 287 432 -145 222 -150 -372 -117 -340 -256 -628 TAIWAN -12,228 10,050 3,479 6,571 4,440 7,440 -16,806 -3,586 -12,077 818 -15,988

INDIA -4,481 13,438 10,267 3,171 6,942 6,174 -5,636 877 -7,885 -30 -5,666

KOREA -5,676 921 4,524 -3,603 4,534 -2,209 -13,708 -3,000 -10,543 -3,963 -17,671

Foreign net trading value into regional stock markets Unit: million USD, Data as of Apr 30, 2020

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7 Sources: SETSMART, Thai BMA and BOT

ในเดือนเมษายน 2563 ผูล้งทนุต่างชาติขายสทุธิในตลาดหุ้นและตลาดตราสารหน้ี

Foreign net flow into Thai bond and equity markets Unit: net flow (billion THB); Data as of Apr 30, 2020

Net flow Yearly Quarterly Monthly

2020 YTD 2017 2018 2019 1/2019 4/2019 1/2020

2020 Feb Mar Apr

1.Government bond 113.1 190.5 -35.1 -21.4 6.4 -51.5 -17.7 -42.5 -27.5 -79.1 2.Central bank bond 104.1 -55.5 -38.4 -21.4 -9.4 -35.1 -1.5 -34.2 -0.8 -35.9 3.Equity -26.0 -287.7 -44.6 -13.3 -40.0 -115.1 -19.4 -78.4 -47.0 -162.1 Total 191.2 -152.7 -118.1 -56.1 -43.0 -201.7 -38.6 -155.1 -75.4 -277.1 THB/USD (average) 33.92 32.32 31.05 31.63 30.26 31.28 31.34 32.09 32.60 31.60 THB/USD (end of period) 32.57 32.33 29.97 31.74 29.97 32.75 31.52 32.75 32.46 32.46

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8

47,897 45,833 41,208 41,413 58,114 59,640 62,772 64,648 56,736 51,480 52,029 46,783

62,460 65,193 71,257 67,548 56,409 52,468

1,641.73 1,653.48 1,638.65 1,673.52 1,620.22 1,730.34 1,711.97 1,654.92 1,637.22 1,601.49 1,590.59 1,579.84 1,514.14 1,340.52 1,125.86 1,301.66

1,563.88 1,579.84

0

400

800

1,200

1,600

2,000

20,00030,00040,00050,00060,00070,00080,000

Jan

19

Feb

19

Mar 1

9

Apr 1

9

May 1

9

Jun

19

Jul-1

9

Aug

19

Sep

19

Oct 1

9

Nov 1

9

Dec 1

9

Jan

20

Feb

20

Mar 2

0

Apr 2

0

2018

2019

Average daily trading value (million THB) SET Index at the end of period

685 937 619 502 578 893 1,279 707 682 579 769 446 527 667 457 545 1,265 724

380.45 379.59 364.12 366.15 339.82 363.58 369.16 352.72 345.62 325.46 318.88 309.64 299.57 261.76 216.05 256.19 356.44 309.64

0

200

400

600

0

1,000

2,000

3,000

Jan

19

Feb

19

Mar 1

9

Apr 1

9

May 1

9

Jun

19

Jul 1

9

Aug

19

Sep

19

Oct 1

9

Nov 1

9

Dec 1

9

Jan

20

Feb

20

Mar 2

0

Apr 2

0

2018

2019

Average daily trading value (million THB) mai Index at the end of period

SET average daily trading value and SET Index

mai average daily trading value and mai Index

ในเดือนเมษายน 2563 มลูค่าซ้ือขายเฉล่ียต่อวนัรวมใน SET และ mai เพ่ิมขึน้ 28% จากปีก่อน

Source: The Stock Exchange of Thailand

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9

Source: Bloomberg, *Historical P/E of SET and mai from SETSMART Forward P/E Ratio : The measure of the price-to-earning ratio (P/E) using forecasted earnings for the next 12 months from analyst consensus in Bloomberg data base. Historical P/E Ratio: The measure of the price-to-earning ratio( P/E) using trailing 12 months earning in the calculation.

Forward และ historical P/E ของไทยสงูกว่าค่าเฉล่ียในภมิูภาค 11

.70

13.81

16.95

19.57

21.15

14.87

21.02

16.53

12.48

17.50

50.86

9.83

9.92

10.55

11.86

13.43

14.07

15.03

15.60

16.91

13.04

14.59

10.26

10.50

12.24

12.70

13.95

14.64

15.66

17.66

18.77

15.13

17.33

Hong Kong Singapore Vietnam Philippines Indonesia China Malaysia Taiwan Korea SET mai

30-Apr-2019 31-Mar-2020 30-Apr-2020

Unit: times Forward P/E of Thailand and regional comparisons

Unit: times Historical P/E of Thailand and regional comparisons

11.52

11.76

16.22

13.40

16.36

16.93

12.26

16.36

16.05

15.48

16.87

9.96

10.52

9.99

11.09

11.11

11.19

10.78

14.83

14.15

13.74

9.96

10.97

11.45

12.17

12.68

12.71

13.12

13.33

16.42

16.54

17.65

11.81

Hong Kong China Vietnam Singapore Indonesia Philippines Korea Malaysia Taiwan SET mai

30-Apr-2019 31-Mar-2020 30-Apr-2020

Average of 9 countries as of Apr 30, 2020 is 14.04

Average of 9 countries as of Apr 30, 2020 is 13.26

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10

Source: Bloomberg Market dividend yield : Previous 12-month dividend value divided by market capitalization at the end of the month.

อตัราเงินปันผลตอบแทนของไทยอยู่ท่ีระดบั 3.98% ซ่ึงสงูกว่าค่าเฉล่ียในภมิูภาค

Market Dividend Yield Unit: percent

1.61

2.17

2.14

1.82

2.15

3.31

4.20

3.41

3.86

3.12

3.01

2.41

2.42

2.41

2.78

3.51

3.95

4.71

4.58

5.16

4.51

4.21

2.10 2.3

2

2.37

2.40

3.49 3.7

8 4.17 4.4

9 4.85

3.98

3.80

Philippines China Korea Vietnam Indonesia Hong Kong Taiwan Malaysia Singapore SET mai

30-Apr-2019 31-Mar-2020 30-Apr-2020

Average of 9 countries as of Apr 30, 2020 is 3.33%

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11 Source: Bloomberg

ใน 4 เดือนแรกของปี 2563 ตลาดหลกัทรพัยไ์ทยมีมลูค่าการระดมทนุครัง้แรก (IPO) เป็นอนัดบั 1 ในอาเซียน

Size of IPO issued in ASEAN exchanges Unit: million USD ; Data as of Apr 30, 2020

Top 5 IPO size in 4M2020 Country 2018 2019 Feb 20 Mar 20 Apr 20 4M2020

Thailand 2,406 2,714 2,321 0 0 2,328

Indonesia 1,287 899 34 93 62 267

Singapore 522 1,175 176 5 0 184

Malaysia 167 460 28 6 0 45

Vietnam 2,441 0 0 0 0 0

Philippines 174 332 0 0 0 0

*cross-border IPO excluded

Listed company Country Industry IPO value

(million USD)

Listing month

Central Retail Corp PCL Thailand Retail 2,321.1 Feb

Elite Commercial REIT Singapore REIT 176.4 Feb

Metro Healthcare Indonesia Indonesia Healthcare 75.1 Mar

InNature Bhd Malaysia Retail 27.8 Feb

Sejahtera Bintang Abadi Textile

Indonesia Textile 16.5 Apr

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Average daily trading contract classified by instruments Unit: contracts; Data as of Apr 30, 2020

2019 (4M) 2020 (4M) %YoY3 Q1/2020 Feb 20 Mar 20 Apr 20 %MOM4

SET50 Index Futures1

152,273 267,434 75.6% 288,319 251,100 408,589 204,778 -49.9%

SET50 Index Options 4,603 6,482 40.8% 7,783 9,166 7,691 2,579 -66.5%

Single Stock Futures 154,922 201,453 30.0% 231,031 216,846 242,895 112,719 -53.6%

50 Baht Gold Futures 388 570 46.9% 588 598 668 516 -22.8%

10 Baht Gold Futures1

11,671 13,642 16.9% 14,921 16,834 16,423 9.803 -99.9% Interest Rate Futures

1 - - n.a. - - - - n.a.

Silver Futures1 - - n.a. - - - - n.a. Brent Crude Oil Futures1 - - n.a. - - - - n.a. USD Futures1 2,794 9,396 236.3% 8,718 8,538 12,213 11,429 -6.4% Sector Index Futures1 - - n.a. - - - - n.a. Agricultural Futures5 200 182 -9.0% 241 264 234 6 -97.4% Gold Deferred,6 28 23 -17.9% 31 43 27 - n.a. Gold Online Futures 7 6,381 37,877 493.6% 42,705 35,177 65,394 23,393 -63.2%

All Products2

333,260 537,059 61.2% 594,337 538,565 754,133 365,223 -51.6%

Source: SETSMART

Note 1 Calculate from the total volume traded during that period, divided by the number of business days in that period. 2 Calculate by total trading volume of each instrument / number of business days of each instrument. 3 Calculated from the average daily trading volume of the first 4 months

of 2019 and 2018. 4 Calculated from the average daily trading volume in Apr 2020 compared with Mar 2020. 5 TFEX ready for first agricultural trading "RSS3 Futures" on Feb 15, 2016 6 TFEX ready for gold deferred futures trading on Sep 4, 2017 7 TFEX ready for gold online futures trading on Nov 5, 2017

ในเดือนเมษายน 2563 ปริมาณการซ้ือขายในตลาดอนุพนัธล์ดลง 51.6% จากเดือนก่อน

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Appendix

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15

215,1

56

176,9

70

236,8

57

218,4

36

242,3

41

245,0

36

215,1

56

233,4

97

220,3

12

219,1

44

215,1

56

209,3

05

180,9

95

148,8

50

176,9

70

310 256

366 340 364 369 353 346 325 319 310

300 262 216

256

50

150

250

350

0

100,000

200,000

300,000

400,000

500,000

2019

2020

Apr 1

9

May 1

9

Jun

19

Jul 1

9

Aug

19

Sep

19

Oct 1

9

Nov 1

9

Dec 1

9

Jan

20

Feb

20

Mar 2

0

Apr 2

0

16,74

7,456

14,00

3,025

17,12

2,475

16,60

2,700

17,74

6,877

17,67

2,566

17,10

9,908

16,91

9,401

16,85

4,718

16,82

3,530

16,74

7,456

16,26

4,140

14,42

7,773

12,11

1,619

14,00

3,025

1,580 1,302

1,674 1,620 1,730 1,712 1,655 1,637 1,601 1,591 1,580 1,514 1,341 1,126 1,302

04008001,2001,600

500,000

5,500,000

10,500,000

15,500,000

2019

2020

Apr 1

9

May 1

9

Jun

19

Jul 1

9

Aug

19

Sep

19

Oct 1

9

Nov 1

9

Dec 1

9

Jan

20

Feb

20

Mar 2

0

Apr 2

0

SET Market capitalization and SET index Unit: Market cap.(million THB) (LHS); Index (RHS)

mai Market capitalization and mai index

Source: SETSMART, data as of Apr 30, 2020

Market Activities

Unit: Market cap.(million THB) (LHS); Index (RHS)

SET Market Cap (million THB) Index

High

16,966,345 (Jan 17, 20)

1,600.48 (Jan 17, 20)

Low

11,0201,54 (Mar 23, 20)

1,024.46 (Mar 23, 20)

Average 14,542,582 %YTD -16.39% -17.61%

mai Market Cap (million THB) Index

High

216,584 (Jan 3, 20)

311.58 (Jan 3, 20)

Low

145,119 (Mar 24, 20)

210.79 (Mar 24, 20)

Average 185,756 %YTD -17.75% -17.26%

2020

2020

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16

ในเดือนเมษายน 2563 มลูค่าการเสนอขายหุ้นเพ่ิมทนุ (Secondary Offering) 114 ล้านบาท

Unit: million THB

Source: The Stock Exchange of Thailand; Data as of May 7, 2020.

Types Yearly Quarterly Monthly 2019 2019

(4M) 2020 (4M)

%YoY 1/2019 2/2019 3/2019 4/2019 1/2020 Feb 20 Mar 20 Apr 20

Initial Public Offering 90,839 6,052 56,127 827.4% 6,052 2,477 14,311 67,999 56,127 55,902 - 0 Secondary Offering 311,321 16,704 11,666 -30.2% 9,644 29,546 57,987 208,995 11,552 1,800 977 114 - Public Offering 97,482 - 3,146 n.a. - - 19,285 78,197 3,146 - - - - Private Placement 48,511 10,178 5,457 -46.4% 5,461 5,496 25,908 11,646 5,351 - - 106 - Convertible Bond 4,732 24 232 866.7% 24 385 4,318 - 230 - 230 3 - Warrant 61,843 1,216 638 -47.5% 1,019 14,194 3,766 37,715 633 25 465 6 - Right Offering 98,754 5,286 2,192 -58.5% 3,140 9,470 4,711 81,433 2,192 1,775 282 - Grand Total 402,159 22,756 67,793 197.9% 15,696 32,023 72,298 276,994 67,679 57,702 977 114

Accumulated fund raising value in Jan - Apr 2020 (YTD)

Property 3,153

mai 595

Financials 3,798

Services 59,240

Technology 859

Consumption 24

Others 78

Accumulated fund raising value in Apr 2020

mai 8

Technology 106

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Appendix 1 Market Statistics

(As of 30/4/2020) 2019 2020 Q1/2019 Q2/2019 Q1/2020 Jan 2020 Feb 2020 Mar 2020 Apr 2020

SET

SET Index 1,579.84 1,301.66 1,638.65 1,730.34 1,125.86 1,514.14 1,340.52 1,125.86 1,301.66

Market Dividend Yield (%) 3.14 3.99 3.13 2.96 4.40 3.31 3.71 4.40 3.99

Market P/E Ratio 1/ 19.40 15.13 17.12 18.64 13.04 18.39 15.71 13.04 15.13

Market P/BV 1.79 1.43 1.82 1.89 1.23 1.71 1.49 1.23 1.43

Total Turnover Value (M.Baht) 12,802,086 5,598,969 2,789,932 3,082,299 4,180,460 1,374,136 1,238,667 1,567,657 1,418,509

Daily Turnover Value (M.Baht) 52,468 66,654 44,999 53,143 66356.50016 62,461 65,193 71,257 67,548

Number of Listed Securities 2,832 2,557.00 2,493 2,581 2,726.00 2,939 2,856 2,726 2,557

Newly Listed Companies 13 1 1 1 1 - 1 - -

Raising value of New Listed Securities (M.Baht) 2/ 365,158 253,302 8,368 3,197 253,302 - 253,302 - -

Total value of Newly Listed Securities (M.Baht) 3/ 85,857 55,902 5,443 750 55,902 - 55,902 - -

Delisted Listed Companies 8 3 - 1 3 - 2 1 -

No. of Companies moved from mai to SET 6 1 1 2 1 - 1 - -

No. of Companies moved from SET to mai - - - - - - - - -

Total Capitalization (M.Baht) 16,747,456 14,003,025 16,756,438 17,746,877 12,111,619.01 16,054,835 14,427,773 12,111,619 14,003,025

mai

mai Index 309.64 256.19 364.12 363.58 216.05 299.57 261.76 216.05 256.19

Market Dividend Yield (%) 2.91 3.64 2.73 2.68 4.34 2.98 3.68 4.34 3.64

Market P/E Ratio 1/ 23.08 17.33 52.07 43.36 14.59 22.44 17.89 14.59 17.33

Market P/BV 1.55 1.24 1.79 1.82 1.04 1.51 1.26 1.04 1.24

Total Turnover Value (M.Baht) 176,768 45,776 45,874 38,070 34,328 11,602 12,667 10,058 11,449

Daily Turnover Value (M.Baht) 724 544.96 740 656 544.8842857 527 667 457 545

Number of Listed Securities 197 198.00 202 194 197.00 199 197 197 198

Newly Listed Companies 17 1 3 4 1 1 - - -

Raising value of New Listed Securities (M.Baht) 2/ 18,591 900 2,057 6,676 900 900 - - -

Total value of Newly Listed Securities (M.Baht) 3/ 4,981 225 609 1,727 225 225 - - -

Delisted Listed Companies 1 - - - - - - - -

No. of Companies moved from mai to SET 6 1 1 2 1 - 1 - -

No. of Companies moved from SET to mai - - - - - - - - -

Total Capitalization (M.Baht) 215,156 176,970 241,802 242,341 148,850.21 209,305 180,995 148,850 176,970

SET & mai

Trading value proportion separated by investor types 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Local Investors 33.72% 40.35% 36.45% 32.90% 38.99% 35.09% 35.94% 41.68% 47.86%

Foreign Investors 41.38% 37.48% 39.94% 43.76% 39.86% 38.45% 39.09% 38.46% 34.03%

Local Institutions 11.35% 11.65% 11.17% 10.67% 9.42% 13.14% 12.10% 11.39% 10.11%

Proprietary Trading 13.55% 10.51% 12.45% 12.67% 11.72% 13.31% 12.87% 8.47% 8.00%

Net Buying Position(M.Baht)

Local Investors -21,463 114,490 -21,389 -59,825 95,898 30,320 23,024 42,555 18,592

Foreign Investors -44,791 -161,774 -13,367 54,040 114,993- -17,231 -19,399 -78,363 -46,782

Local Institutions 51,341 49,911 32,075 -9,200 26,249 -12,288 -3,805 42,342 23,661

Proprietary Trading 14,914 -2,626 2,680 14,984 7,155- -801 180 -6,533 4,528

Daily Turnover Value (M.Baht) 53,192 67,199 45,739 53,799 66,901 62,988 65,860 71,714 68,093

Total Capitalization (M.Baht) 16,962,612 14,179,994 16,998,240 17,989,218 12,260,469 16,264,140 14,608,769 12,260,469 14,179,994

Source: The Stock Exchange of Thailand

Note:

1/ Historical P/E which calculated from market price of common stock divided / earnign per share

2/ Calculated from IPO Price multiplies with number of listed shares, excluded property funds, REITs and Infrastructure Funds

3/ Calculated from IPO Price multiplies with IPO shares