ภาวะตลาดหลกทรพย พฤษภาคม 2563

12 มถนายน 2563

2

• ณ สนเดอนพฤษภาคม SET Index ปรบเพมขน 3.2% จากสนเดอนกอนในสกลเงนบาท และ 5.3% ในสกลดอลลาร

• เมอเทยบกบสนปกอน 4 กลมอตสาหกรรมทปรบตวเพมขนมากกวา SET Index ไดแก กลมเกษตรและอตสาหกรรมอาหาร กลมเทคโนโลย กลมสนคาอปโภคบรโภค และกลมบรการ

• ในเดอนพฤษภาคม 2563 ผลงทนตางชาตขายสทธในตลาดหลกทรพยไทยเชนเดยวกบตลาดอนในภมภาค แตมลคาขายลดลงจากเดอนกอน

• ในเดอนพฤษภาคม 2563 มลคาซอขายเฉลยตอวนรวมใน SET และ mai เพมขน 22.2% จากคาเฉลยในป 2562

• ไทยยงคงเปนผน าในดานมลคาการระดมทนในตลาดแรก (IPO) ใน 5 เดอนแรกของป 2563

สรปสถตส าคญตลาดหลกทรพยไทย พฤษภาคม 2563

3

ตลาดหลกทรพยไทยฟนตวจากจดต าสดไดดกวาหลายตลาดในอาเซยน

Source: Bloomberg

Stock index movement (in local currency) Data as of May 29, 2020; rebased end-2019 = 100

50

60

70

80

90

100

110

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

Malaysia

Vietnam

Thailand

Singapore

Indonesia

Philippines50

60

70

80

90

100

110

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

MSCI world index

MSCI asia ex japan

Thailand

MSCI frontier markets

MSCI emerging market

MSCI ASEAN

4

ดชนตลาดหลกทรพยและรายกลมอตสาหกรรม เรมมการฟนตว

% Change comparing to the starting point of each incident

Note: * Oil price jumped by more than 30% in 2004 Source: The Stock Exchange of Thailand; COVID-19 rebased as of 31 Jan 2020; Thai first COVID-19 confirmed case until 9 June 2020

-50

-40

-30

-20

-10

0

10

20

0 1 2 3 4 5 6 7 8 9 10 11

10 months 6 months 3 months

10 months

Political Crisis (2010)

Flooding (2011)

Ratchapasong Bomb (2015) 2 months

Chinese Market Turbulence (2015)

Global Crisis (2008)

8.5 months (recover back to 95%

even with parallel negative effect from prolong oil price increase*)

Bird flu (2004) (%)

Covid-19 (2020) 93% in 4 months

SARS (2003) 1.5 months

Sectoral Index Movement Rebased = 100% at 31 Jan 2020 (first COVID-19 confirmed case in Thailand)

• นบจากวนทพบ COVID-19 Case แรกในไทย SET Index ปรบตวลงไปทจดต าสด 67% และฟนตวขนมาอยทระดบ 93% ในวนท 9 มถนายน • กลมสนคาอตสาหกรรม (INDUS) ฟนตวขนมามากกวาวนทพบ Case แรก (101%) ในขณะทเกอบทกอตสาหกรรมฟนตวมากกวา 90%

(%) INDUS AGRO

CONSUMP

SERVICE SET

RESOURC

PROPCON

FINCIAL

101% 97%

92%

95% 93%

91% 91% 86%

50

60

70

80

90

100

110

31/1/2020 7/2/2020 14/2/2020 21/2/2020 28/2/2020 6/3/2020 13/3/2020 20/3/2020 27/3/2020 3/4/2020 10/4/2020 17/4/2020 24/4/2020 1/5/2020 8/5/2020 15/5/2020 22/5/2020 29/5/2020 5/6/2020

TECH 96%

%Index as of 9 Jun 2020

5

-24.9 -28.5 -23.2 -25.9 -25.9

-18.2 -16.5 -20.0 -10.5 -9.1 -13.6

-6.6 -12.8 -7.9

-25.3 -24.5 -23.2 -22.1 -21.4 -18.5 -16.5 -15.0 -10.0 -8.8 -7.6 -7.5 -7.3 -5.6

Philippines Indonesia MSCIASEAN

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

USD Local currency

ณ สนเดอนพฤษภาคม SET Index ปรบเพมขน 3.2% จากสนเดอนกอนในสกลเงนบาท และ 5.3% ในสกลดอลลาร

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

-6.8 -4.6 -4.3 -2.2 -1.4

0.6 3.4 1.3 2.3 5.3

2.1 3.4 7.5

13.1

-6.8 -4.3 -3.8 -1.2 -0.5

0.6 0.8 1.3 2.4 3.2 4.2 4.7 8.3

12.4

Hong Kong Singapore India China Taiwan MSCI EM Indonesia MSCIASEAN

Philippines Thailand Korea Malaysia Japan Vietnam

USD Local currency

Stock index price change (%MTD ) Unit: percent; (end of Apr 2020 – May 29 , 2020)

Stock index price change 2020 (%YTD) Unit: percent; (end of Dec 2019 – May 29 , 2020)

6

เมอเทยบกบสนปกอน 4 กลมอตสาหกรรมทปรบตวเพมขนมากกวา SET Index ไดแก กลมเกษตรและอตสาหกรรมอาหาร กลมเทคโนโลย กลมสนคาอปโภคบรโภค และกลมบรการ

SET Index classified by industry (Data as of May 29, 2020; rebased end-2019 = 100)

Source: SETSMART

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

SET 13.7 -10.8 1.0 -16.0 15.6 3.2 -15.0 100% SET50 17.7 -7.9 2.3 -15.7 15.4 2.6 -16.1 70%

Agro & Food -1.9 -22.4 13.0 -14.8 14.1 9.5 -2.1 7% Technology 7.5 -14.8 10.2 -4.9 4.3 1.6 -9.7 10%

Consumption -5.1 -24.5 -13.5 -12.2 7.2 6.7 -9.7 1% Service 19.7 -8.7 3.5 -12.3 18.6 2.4 -11.8 28%

Resource 19.6 -6.3 8.9 -19.2 20.8 2.2 -15.5 22% Property 6.6 -13.2 -5.4 -16.8 17.0 0.8 -16.6 14% Industrial 28.7 -13.9 -22.8 -19.4 23.4 4.7 -17.0 4% Financial 11.5 -9.2 -7.4 -23.8 8.4 6.3 -26.5 14%

7 Note: exclude mai Source: Bloomberg

ในเดอนพฤษภาคม 2563 ผลงทนตางชาตขายสทธในตลาดหลกทรพยไทยเชนเดยวกบตลาดอนในภมภาค แตมลคาขายลดลงจากเดอนกอน

Net buy / sell Yearly 6 months Quarterly Monthly

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

2020 Mar Apr May

THAILAND -8,913 -1,495 1,318 -2,813 -407 -1,323 -3,639 -2,450 -1,439 -984 -6,062

INDONESIA -3,656 3,463 4,843 -1,380 843 -190 -714 -375 -560 552 -722 MALAYSIA -2,885 -2,524 -1,131 -1,393 -332 -620 -1737 -1,314 -612 -673 -3,022 PHILIPPINES -1,080 -239 407 -646 622 -358 -646 -303 -325 -165 -1,136 VIETNAM 1,884 287 432 -145 222 -150 -372 -340 -256 -19 -647 TAIWAN -12,228 10,050 3,479 6,571 4,440 7,440 -16,806 -12,077 818 -5,050 -21,038

INDIA -4,481 13,438 10,267 3,171 6,942 6,174 -5,636 -7,885 -30 1,560 -4,106

KOREA -5,676 921 4,524 -3,603 4,534 -2,209 -13,708 -10,543 -3,963 -3301 -20,972

Foreign net trading value into regional stock markets Unit: million USD, Data as of May 29, 2020

8 Sources: SETSMART, Thai BMA and BOT

ในเดอนพฤษภาคม 2563 ผลงทนตางชาตขายสทธในตลาดหนและตลาดตราสารหน

Foreign net flow into Thai bond and equity markets Unit: net flow (billion THB); Data as of May 29, 2020

Net flow Yearly Quarterly Monthly

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

2020 Mar Apr May

1.Government bond 113.1 190.5 -35.1 -21.4 6.4 -51.5 -42.5 -27.5 -4.0 -83.1 2.Central bank bond 104.1 -55.5 -38.4 -21.4 -9.4 -35.1 -34.2 -0.8 -2.6 -38.5 3.Equity -26.0 -287.7 -44.6 -13.3 -40.0 -115.1 -78.4 -47.0 -31.6 -193.7 Total 191.2 -152.7 -118.1 -56.1 -43.0 -201.7 -155.1 -75.4 -38.2 -315.3 THB/USD (average) 33.92 32.32 31.05 31.63 30.26 31.28 32.09 32.60 32.08 31.71 THB/USD (end of period) 32.57 32.33 29.97 31.74 29.97 32.75 32.75 32.46 31.81 31.81

9

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 64,057 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 1,342.85

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

May 2

0

2018

2019

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

685 937 619 502 578 893 1,279 707 682 579 769 446 527 667 457 545 974 1,265 724

380.45 379.59 364.12 366.15 339.82 363.58 369.16 352.72 345.62 325.46 318.88 309.64 299.57 261.76 216.05 256.19 284.87 356.44 309.64

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

May 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

ในเดอนพฤษภาคม 2563 มลคาซอขายเฉลยตอวนรวมใน SET และ mai เพมขน 22.2% จากคาเฉลยในป 2562

Source: The Stock Exchange of Thailand

10

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 ของไทยสงกวาคาเฉลยในภมภาค 10

.60

12.68

19.57

16.66

14.00

20.45

21.04

15.80

11.51

17.70

45.37

10.25

10.29

13.44

12.71

14.71

14.83

17.23

18.69

22.50

17.93

15.83

9.55

9.97 13

.77

14.29

14.50

14.94

18.03

18.58

23.39

18.50

17.46

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

31-May-2019 30-Apr-2020 29-May-2020

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

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

10.58

11.14

12.31

11.88

15.68

16.11

17.14

15.44

16.71

15.12

15.67

11.11

11.55

12.72

13.44

12.77

12.24

13.18

16.64

16.44

17.74

11.81

10.81

11.70

13.38

14.29

14.32

14.65

15.57

16.85

19.05

19.81

13.13

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

31-May-2019 30-Apr-2020 29-May-2020

Average of 9 countries as of May 29, 2020 is 15.22

Average of 9 countries as of May 29, 2020 is 14.51

11

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

อตราเงนปนผลตอบแทนของไทยอยทระดบ 3.68% ซงสงกวาคาเฉลยในภมภาค

Market Dividend Yield Unit: percent

1.66

1.92

2.34

2.34

2.37

3.66

4.47

3.47

4.01

3.23

2.91

2.10

2.40

2.37

2.32

3.49

3.78

4.17

4.49

4.85

3.98

3.80

2.12

2.13

2.28

2.35

3.41 4.0

5

4.19

4.28

5.02

3.68

3.16

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

31-May-2019 30-Apr-2020 29-May-2020

Average of 9 countries as of May 29, 2020 is 3.32%

12 Source: Bloomberg

ใน 5 เดอนแรกของป 2563 ตลาดหลกทรพยไทยมมลคาการระดมทนครงแรก (IPO) เปนอนดบ 1 ในอาเซยน

Size of IPO issued in ASEAN exchanges Unit: million USD ; Data as of May 29, 2020

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

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

Indonesia 1,287 899 93 62 5 272

Singapore 522 1,175 5 0 0 184

Malaysia 167 460 6 0 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

13

Average daily trading contract classified by instruments Unit: contracts; Data as of May 29, 2020

2019 (5M) 2020 (5M) %YoY3 Q1/2020 Mar 20 Apr 20 May 20 %MOM4

SET50 Index Futures1

157,521 245,195 55.7% 288,319 408,589 204,778 141,412 -30.9%

SET50 Index Options 5,174 5,945 14.9% 7,783 7,691 2,579 3,441 33.4%

Single Stock Futures 151,979 191,095 25.7% 231,031 242,895 112,719 142,757 26.7%

50 Baht Gold Futures 436 495 13.5% 588 668 516 144 -72.1%

10 Baht Gold Futures1

12,660 12,204 -3.6% 14,921 16,423 9,803 6,060 -38.2% Interest Rate Futures

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

Silver Futures1 - - n.a. - - - - n.a. Brent Crude Oil Futures1 - - n.a. - - - - n.a. USD Futures1 2,695 8,527 216.4% 8,718 12,213 11,429 4,473 -60.9% Sector Index Futures1 - - n.a. - - - - n.a. Agricultural Futures5 200 156 -22.0% 241 234 6 33 409.3% Gold Deferred,6 72 19 -73.6% 31 27 - - n.a. Gold Online Futures 7 7,471 34,701 364.5% 42,705 65,394 23,393 19,881 -15.0%

All Products2

338,208 498,436 47.4% 594,337 754,133 365,223 318,201 -12.9%

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 May 2020 compared with Apr 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

ในเดอนพฤษภาคม ตลาดสญญาซอขายลวงหนามปรมาณการซอขายเฉลยตอวนลดลง 12.9% จากเดอนกอน

Appendix

16

215,1

56

194,9

75

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

194,9

75

310 285 340 364 369 353 346

325 319 310 300

262 216 256 285

50

150

250

350

0

100,000

200,000

300,000

400,000

500,000

2019

2020

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

May 2

0

16,74

7,456

14,44

9,798

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

14,44

9,798

1,580 1,343

1,620 1,730 1,712 1,655 1,637 1,601 1,591 1,580 1,514 1,341 1,126 1,302 1,343

04008001,2001,600

500,000

5,500,000

10,500,000

15,500,000

2019

2020

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

May 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 May 29, 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 14,451,982 %YTD -13.72% -15.00%

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 185,557 %YTD -9.38% -8.00%

2020

2020

17

Unit: million THB

Source: The Stock Exchange of Thailand; Data as of Jun 5, 2020.

Types Yearly Quarterly Monthly

2019 2019 (5M) 2020 (5M) %YoY 1/2019 2/2019 3/2019 4/2019 1/2020 Mar 20 Apr 20 May 20

Initial Public Offering 90,839 7,887 56,127 611.68% 6,052 2,477 14,311 67,999 56,127 - - - Secondary Offering 311,321 20,926 15,125 -27.72% 9,644 29,546 57,987 208,995 11,552 977 132 3,440 - Public Offering 97,482 - 3,146 n.a. - - 19,285 78,197 3,146 - - Private Placement 48,511 10,945 5,738 -47.57% 5,461 5,496 25,908 11,646 5,351 - 106 281 - Convertible Bond 4,732 24 232 854.29% 24 385 4,318 - 230 230 3 - - Warrant 61,843 3,549 3,730 5.08% 1,019 14,194 3,766 37,715 633 465 24 3,073 - Right Offering 98,754 6,407 2,279 -64.44% 3,140 9,470 4,711 81,433 2,192 282 - 86 Grand Total 402,159 28,812 71,252 147.30% 15,696 32,023 72,298 276,994 67,679 977 132 3,440

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

Property 4,273

mai 962

Financials 5,750

Services 59,258

Technology 859

Consumption 24

Others 78

Accumulated fund raising value in May 2020

Property 1,121

mai 367

Financials 1,952

Market Activities

18

Market situation: 1-11 June 2020

19

-24.8 -24.0 -16.3 -17.0 -18.9

-12.7 -14.5 -10.9 -9.8 -3.0 -3.1 -3.9 -6.2 -4.7

-22.9 -18.7 -17.1 -17.0 -16.1 -13.2 -11.6 -10.9 -9.7 -5.0 -3.8 -2.5 -2.0 -1.0

Indonesia India Philippines MSCIASEAN

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

USD Local currency

ณ สน 11 ม.ย. SET Index ปรบเพมขน 4% จากสนเดอนกอนในสกลเงนบาท และ 6.8% ในสกลดอลลาร

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

0.7 5.2 3.8 4.4 2.6

6.8 6.6 7.6 6.6 6.8 10.4 9.5 8.1

11.4

0.3 2.1 2.7 3.3 3.4 4.0 5.4 5.7 6.6 6.8 7.3 7.7 8.1 10.9

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

Philippines

USD Local currency

Stock index price change (%MTD ) Unit: percent; (end of May 2020 – Jun 11 , 2020)

Stock index price change 2020 (%YTD) Unit: percent; (end of Dec 2019 – Jun 11 , 2020)

20 Note: exclude mai Source: Bloomberg

1-11 ม.ย. 2563 ผลงทนตางชาตซอสทธในตลาดหลกทรพยไทยเชนเดยวกบตลาดอนในภมภาค

Net buy / sell Yearly 6 months Quarterly Monthly

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

2020 Mar Apr May 1-11 Jun

THAILAND -8,913 -1,495 1,318 -2,813 -407 -1,323 -3,639 -2,450 -1,439 -984 184 -5,878

INDONESIA -3,656 3,463 4,843 -1,380 843 -190 -714 -375 -560 552 196 -526 MALAYSIA -2,885 -2,524 -1,131 -1,393 -332 -620 -1737 -1,314 -612 -673 -327 -3,349 PHILIPPINES -1,080 -239 407 -646 622 -358 -646 -303 -325 -165 62 -1,074 VIETNAM 1,884 287 432 -145 222 -150 -372 -340 -256 -19 26 -621 TAIWAN -12,228 10,050 3,479 6,571 4,440 7,440 -16,806 -12,077 818 -5,050 2,521 -18,517

INDIA -4,481 13,438 10,267 3,171 6,942 6,174 -5,636 -7,885 -30 1,560 2,751 -1,355

KOREA -5,676 921 4,524 -3,603 4,534 -2,209 -13,708 -10,543 -3,963 -3301 304 -20,668

Foreign net trading value into regional stock markets Unit: million USD, Data as of Jun 11, 2020

21

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 ของไทยสงกวาคาเฉลยในภมภาค 10

.25

10.29

12.71

14.71

13.44

14.83

17.23

18.69

22.50

17.93

15.83

9.55

9.97

14.29

14.50

13.77

14.94

18.03

18.58

23.39

18.50

17.46

10.65

10.73

14.34

14.88

15.36

15.89

19.37

19.59

25.36

19.29

18.41

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

30-Apr-2020 29-May-2020 11-Jun-2020

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

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

11.11

11.55

12.72

12.24

13.44

12.77

16.64

13.18

16.44

17.74

11.81

10.81

11.70

13.38

14.65

14.29

14.32

16.85

15.57

19.05

19.81

13.13

11.42

11.99

14.59

15.06

15.39

15.61

17.79

17.98

20.40

21.06

13.65

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

30-Apr-2020 29-May-2020 11-Jun-2020

Average of 9 countries as of Jun 11, 2020 is 16.24

Average of 9 countries as of Jun 11, 2020 is 15.58

22

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

อตราเงนปนผลตอบแทนของไทยอยทระดบ 3.54% ซงสงกวาคาเฉลยในภมภาค

Market Dividend Yield Unit: percent

2.10

2.40

2.37

2.32

3.49

3.78

4.17

4.49

4.85

3.98

3.80

2.12

2.13

2.28

2.35

3.41

4.05

4.19

4.28

5.02

3.68

3.16

1.93

2.06

2.12 2.3

2

3.21 3.9

3

3.98

4.06 4.5

4

3.54

2.97

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

30-Apr-2020 29-May-2020 11-Jun-2020

Average of 9 countries as of Jun 11, 2020 is 3.13%