SET 'top Asean' trading performer
The Stock Exchange of Thailand (SET) Index rounded off the year as Asean's top performer by daily trading volume, according to figures released yesterday.
The index closed yesterday, the last trading day of the year, at 1,449.35, down 8.26% from last year. However, its daily trading volume averaged at 67.33 billion baht, up 28.34% from 2019 and the highest in Asean. The statistics were compiled by the SET, the Market for Alternative Investment (Mai) and Thailand Future Exchange (TFEX).
The figures revealed that stock trading through the internet surged 34.37%, compared to an increase of 25.26% in 2019.
This year, the SET Index dipped to its lowest level on March 23 at 1.024.46 points. The highest one-day jump was recorded on Jan 17 at 1,600.48 points.
Meanwhile, the SET50 closed yesterday at 910.45 points, down 14.79% from the previous year, while the SET100 came to a close at 2037.03 points, a decrease of 13.03% compared to 2019.
Altogether, 568 companies were listed on the SET this year as opposed to the listing of 556 companies last year.
Sixteen firms raised an initial public offering this year, one more than last year. They include shares of the infrastructure fund, property fund, and the Real Estate Investment Trust.
Meanwhile, the Mai ended the trading year at 336.29 points, up 8.62% from the previous year. Twelve firms were listed in the Mai, compared to 2019 when 17 firms had their initial public offerings.