??? 02 229 2128, 2120

1
???????????????? ???????????????

• ???????????????????? - ? ??????????????? 2555

??????????????? ????????? ??? 02 229 2128, 2120
2122 Email Research_at_set.or.th
2
????????

• Thai securities markets presence in Asia
• Thai securities markets presence in the world

3
Market Capitalization ??????????????????????? GDP
??????????????????????????????????????????????????
??
Sources Market Capitalization from World
Federation of Exchanges (WFE) and Nominal GDP
from International Monetary Fund, World Economic
Outlook Database, April 2012 Note - Market
capitalization in terms of USD at the end of
March 2012 - Nominal GDP in terms of USD
for Year 2012 (Estimated)
4
??????????????????????????????????????????????????
?????????????????????????????????????
Number of Listed Companies Asia Countries
(As of March 2012)
Source WFE Note Thai listed companies include
both SET mai
5
????????????? 2555 ???????????????????????????????
??????? ??????????????????????????????????????????
?????????????????
Market Capitalization
Share Turnover Velocity
Unit Percentage
Unit Billion USD
Source WFE Note Market Capitalization at the
end of March 2012. Share Turnover
Velocity is calculated by Share Turnover (of
March 2012)/Market Capitalization (at the end of
March 2012)12 Please note that the March 2012
share turnover velocity of Indonesia SE is not
available so it is calculated given the market
capitalization and the share turnover figures of
March 2012.
6
??????????????????????????????????????????????????
??????????????????? ? ??????????????? 2555
????????????????????????????????????????????????
1/2555 ???????????????????????????? 2554
Thai Equity Market Share Vs Asian Markets
(ex-Japan) (SET as of Asian Markets)
SET figure divided by Asian (ex-Japan)
(Malaysia, Hong Kong, Indonesia, Korea,
Philippine, China, Singapore, Taiwan, India, Sri
Lanka,Thailand)
Source WFE Note - Thai
equity market share includes both SET mai.
- Market Capitalization is at the end of year
(month), Market turnover is year-to-date
7
????????????????????????????????????????? ?
??????????????? 2555 ??????????????????? 2543
????????? 9.76 ???? ??????????????????????????????
???
Total Return Selected Asian Countries
Percentage
Thailand 976
Apr-12
Note Total return is calculated based on the
changes in the main securities price index plus
reinvested dividends of each market.
All returns are converted into USD basis
for comparison purpose. The percentage of total
return is the comparison of current value to its
value at end December 2000.
Source Bloomberg at the end of April 2012
8
? ??????????????? 2555 ???????????????????????????
????????????????????????????????
??????????????????????????????????????????????????
???????????
Historical P/E ratio
Market Yield
Unit Percentage
Unit Times
Source Bloomberg at the end of April 2012 Note
P/E ratio is Historical P/E (E is from trailing
12M EPS)
9
????????

• Thai securities markets presence in Asia
• Thai securities markets presence in the world

10
? ??????????????? 2555 ???????????????????????????
??????????? 19.8 ????????? 2554
????????????????? 2 ??????????????
Index Performance of the Thai Stock Market
Compared with Other Countries (between the end
of Year 2011 and April 2012)
( Growth YTD)
Source Bloomberg
11
? ??????????????? 2555 ???????????????????????????
?????? ?????????????????? 27 ?????????????????????
?????????????

• ???.?????????????? 27 ??? 52
• ???????????????????? 321.69 ?????????????? ???.
• ???????????? Philippine SE 1.7 ????
• ???????????? Indonesia SE 1.3 ????
• ???????????? Bursa Malaysia 1.3 ????
• ???????????? Hong Kong Exchanges 7.9 ????
• ???????????? NYSE Euronext (US) ??? 41.5 ????

Domestic Market Capitalization (USD Billion)
March 2012
Source WFE Note Thailand market capitalization
includes SET mai
12
??????????????????????????????????????????????
??????????? 2555 ?????????????????? 24
??????????????????????????????????

• ???.?????????????? 24 ??? 52
• ???????????????????? 59.05 ?????????????????.
• ????????????? Philippine SE 5.8 ????
• ????????????? Indonesia SE 2.4 ????
• ????????????? Bursa Malaysia 1.7 ????
• ?????????????? Hong Kong Exchanges 5.4 ????

Total Value of Share Trading (USD Billion)
January March 2012
Source WFE Note Thailand trading value
includes SET mai
13
? ??????????????? 2555 ???????????????????????????
??????????????????? 546 ?????? ???????????????????
??? 24 ??????????????????????????????????

• ???.?????????????? 24 ??? 52
• ??????????????????? 546 ??????
• ?????????????????? Philippine SE 2.2 ????
• ?????????????????? Indonesia SE 1.2 ????
• ??????????????????? Hong Kong Exchanges 2.8 ????

Number of Listed Companies March 2012
Source WFE Note Number of Thai listed companies
include SET mai