- SET Index
The SET Index is a composite
economic indicator which is calculated from the prices of allcommon stocks (includingunit trusts ofproperty funds ) on the main board of theStock Exchange of Thailand (SET), except for stocks that have been suspended for more than one year. It is a market capitalization-weighted price indexhuh which compares the current market value of all listed common shares with its value on the base date of April 30, 1975, which was when the Index was established and set at 100 points.The
formula of calculation is as follows:SET Index = ( Current Market Value x 100 )/ Base Market Value
The SET Index calculation is adjusted in line with modifications in the values of stocks resulting from changes in the number of stocks due to various events, e.g.,
public offerings ,exercised warrant s, or conversions of preferred to common shares, in order to eliminate all effects other thanprice movement s from the index.Besides the SET Index, which is calculated from the stock prices of all common stocks listed on The SET, The SET also provides other indices to investors that include the:
*
Market for Alternative Investment (MAI) Index
*Industry Group and Sectoral Indices
*SET50 Index and SET100 Index
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