SET says Thai stock market is still strong, recommends “Stay Invest” despite negative factors, confident of recovery in second half

The Stock Exchange of Thailand (SET) believes that geopolitical conflicts will persist, but the Thai stock market continues to show strength and is likely to recover and return to positive returns soon. It recommends “Stay Invest” as historical data shows that stock markets in developed countries tend to experience short-term volatility before recovering quickly.

July 7, 2568Mr. Sarapol Tulyasathian, Deputy Managing Director, Head of Corporate Strategy, Stock Exchange of Thailand (SET) Revealed at the June Stock Market Summary Press Conference:

Historical data suggests that even in the event of geopolitical conflict or declaration of war, developed stock markets tend to experience short-term volatility before recovering and returning to positive returns in no time. The Thai stock market has displayed similar strength over the past month.

Many analysts recommend that maintaining investment discipline and continuing to follow the strategy, or “Stay Invest,” is an important approach that will help investors not miss important opportunities if the market index can quickly turn around and create satisfactory returns in the next phase.

As the Thai economy in the first half of 2568 expanded better than expected from the manufacturing sector and the acceleration of exports, the Monetary Policy Committee (MPC) resolved to maintain the policy interest rate. Meanwhile, after the last day of the Thai ESGX mutual fund sales, there was a fund flow of investors in the range of over 3 billion baht, which is a factor that helps support Thai stocks during a period of relatively high uncertainty. In addition, the Stock Exchange of Thailand plans to support listed companies in many dimensions through the “JUMP+” project to build confidence in the Thai capital market.

Thai stock market situation in June 2568

• As of June 30, 2568, the SET Index closed at 1,089.56 points, down 5.2% from the previous month, a larger decline than most stock exchanges in the region. As a result, the index has declined by 2568% from the beginning of the year to the end of June 22.2.
• The combined average daily trading value of SET and mai was THB39,663 million, down 10.8% from the same period last year. As a result, the combined average daily trading value in the first 6 months of 2568 was THB41,856 million, down 7.5% from the same period last year.
• In June 2568, there was a new company listed for trading on mai, 1 security, namely Nutrition Professions Public Company Limited (NUT).
• Forward P/E of the Thai stock market at the end of June 2568 was 11.9 times, lower than the average of the Asian stock market at 12.4 times, and Historical P/E was 14.4 times, higher than the average of the Asian stock market at 14.3 times.
• The dividend yield at the end of June 2568 was 4.51%, higher than the average of the Asian stock markets of 3.30%.

Futures Exchange Market (TFEX) June 2568

• As of June 30, 2568, the average daily trading volume was 442,877 contracts, an increase of 24.1% from the previous month, mainly due to the increase in Single Stock Futures and SET50 Index Futures. Throughout 2568, the average daily trading volume was 438,459 contracts, a decrease of 9.4% from the same period last year, due to the decrease in Single Stock Futures and Gold Online Futures.

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