STOCK EXCHANGE OF THAILAND(SET)

Worasak Wongchaikunakorn

汪學彥MA1N0204

FINANCIAL MANAGEMENT

HISTORY OF THE STOCK EXCHANGE OF THAILAND

In 1969, as recommended by the World Bank, the government acquired the services of Prof. Sidney M. Robbins from Columbia University to study the development channels of the Thai capital market.

in May 1974, long-awaited legislation establishing "The Securities Exchange of Thailand" (SET)

On April 30, 1975, "The Securities Exchange of Thailand" officially started trading.

On January 1, 1991 its name was formally changed to "The Stock Exchange of Thailand" (SET).

http://www.set.or.th/en/about/overview/history_p1.html

REGULATORY FRAMEWORK OF THE CAPITAL MARKET

Ministry of Finance

The Securities and Exchange Commission (SEC)

Primary Market Secondary Market

Other Related Organization

SET Group

http://www.set.or.th/en/about/overview/history_p1.html

SET GROUP

The Stock Exchange of Thailand (SET) – Primary Market

Market for Alternative Investment (mai) – Secondary Market

Bond Electronic Exchange (BEX) - electronic trading platform

Thailand Futures Exchange Pcl (TFEX) - derivatives products

Thailand Securities Depository Co., Ltd. (TSD)

Thailand Clearing House Co., Ltd. (TCH)

Settrade.com Co., Ltd. - Internet trading platforms

http://www.set.or.th/en/about/overview/setgroup_p1.html

TRADING TIME

Pre-opening session I: 9.30 am to 10.00 am

Morning session: 10.00 am to 12.30 pm

Pre-opening session II: 2.00 pm to 2.30 pm

Afternoon session: 2.30 pm to 4.30 pm

http://www.set.or.th/en/about/overview/setgroup_p1.html

http://www.set.or.th/en/index.html

The SET50 Index and the SET100 Index

the stock prices of the top 50 and 100 listed companies on SET in terms of large market capitalization, high liquidity and compliance with requirements regarding the distribution of shares to minor shareholders.

The list of component stocks in the SET50 Index and the SET100 Index are revised every six months

The SET HD (SET High Dividend)

30 Index reflects price movements of stocks that have large market capitalization, are consistently traded with high liquidity, and have constantly paid high dividend yields.

http://www.set.or.th/en/index.html

FTSE SET Index Series

Based on the FTSE SET All-Share Index , companies are screened against Shariah principles (Islamic Finance)

Business Activity Screening

Conventional Finance (non-Islamic Banking, Finance and Insurance, etc.)

Alcohol

Pork related product and non-halal food production

Entertainment (Casinos, Gambling, Cinema, Music, Pornography and Hotels)

Tobacco

Weapons, arms and defense manufacturing

HISTORICAL CHART

http://www.set.or.th/en/market/setindexchart.html

Let’s see the detail

Question and Answer