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SET figures suggest bullish start to 2022

SET figures suggest bullish start to 2022

Index rose 14.37% year-on-year

The Thai stock exchange ended the year on a positive note with the SET index rising 14.37% year-on-year from 1,449.35 points to 1,657.62 points on the last trading day of 2021, suggesting a bullish start for the stock market in 2022.

According to the Stock Exchange of Thailand (SET), the Thai initial public offering (IPO) market has been active in 2021 with 23 public market debuts, up from 16 in 2020.

The IPOs raised the total number of SET-listed firms from 568 companies in 2020 to 593, the Thai bourse said.

Trading accounts stood at 2,129,035 as of Dec 30, 2021, up from 1,506,068 in 2020, with 792,184 active.

Stock trading also become more digitalised in 2021 as the total trading value via online platforms…

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