ID :
137205
Wed, 08/11/2010 - 18:05
Auther :
Shortlink :
http://m.oananews.org//node/137205
The shortlink copeid
SET index in July hits three-year high
BANGKOK, Aug 11 – The Stock Exchange of Thailand (SET) index in July rose 7.34 per cent over a month earlier, the second-highest rise in the region after the Shanghai Stock Exchange, according to Yanyong Thaicharoen, director of the SET Research Institute for the Capital Market.
The SET index at the end of July increased 16.51 per cent from the end-2009 to reach 855.83, its highest level in 31 months.
SET market capitalisation was at Bt6.9 trillion, a 7.40 per cent month-on-month increase--also the highest level in 31 months --in tandem with regional stock markets as investors were more confident in investment in risky assets after Europe’s debt crisis eased.
Regional macroeconomic indicators, including Thailand, expanded satisfactorily, reflecting constant economic recovery, boosting foreign investment in the regional markets in July.
Daily average trading value was about Bt30.4 billion, the highest value in 54 months since February 2006, a 38.2 per cent month-on-month rise.
Foreign investors were net buyers for the second consecutive month with a net buy position of Bt6.8 billion. Individual investors were net sellers, accounting for 66.7 per cent of total trading value, considered the peak ratio in 68 months. (MCOT online news)
The SET index at the end of July increased 16.51 per cent from the end-2009 to reach 855.83, its highest level in 31 months.
SET market capitalisation was at Bt6.9 trillion, a 7.40 per cent month-on-month increase--also the highest level in 31 months --in tandem with regional stock markets as investors were more confident in investment in risky assets after Europe’s debt crisis eased.
Regional macroeconomic indicators, including Thailand, expanded satisfactorily, reflecting constant economic recovery, boosting foreign investment in the regional markets in July.
Daily average trading value was about Bt30.4 billion, the highest value in 54 months since February 2006, a 38.2 per cent month-on-month rise.
Foreign investors were net buyers for the second consecutive month with a net buy position of Bt6.8 billion. Individual investors were net sellers, accounting for 66.7 per cent of total trading value, considered the peak ratio in 68 months. (MCOT online news)
