A (sort of) New SET calculation
After years of sitting on their butts the exalted individuals that are running the SET have instead of deciding to fix the free float requirements of joining the SET50 (hello DELTA), instead they are going to launch a brand spanking index that will take into account the free float of listed co’s, those clever clever buggers *crickets*
Every broker in Thailand has gone ahead and provided the full details which are as follows:
- The SET will launch two new indices, SET50FF and SET100FF, on Jan. 1, 2024. The Stock Exchange of Thailand (SET) plans to introduce a SET50 Free Float
- Adjusted Market Capitalization Weighted Index (SET50FF) and a SET100 Free Float Adjusted Market Capitalization Weighted Index (SET100FF), effective next year.
- These two new indices will use the same selection criteria as the current SET50 and…
