LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
One more trading venue has just reported its operating metrics for October 2015 and once again we witness a decrease in trading activity when compared with September 2015 levels.
The latest monthly report by the Stock Exchange of Thailand (SET) shows that in October, derivatives average daily trading volume decreased 26.5% from September to 167,999 contracts. Weak trading in SET50 Index Futures and Single Stock Futures was blamed for the decrease.
On the brighter side, the SET main index ended October at 1,394.94 points, staging a 3.4% rise when compared with the end of September. Positive factors fuelling the index rise included the fact that the Federal Reserve kept interest rates unchanged, as well as the European Central Bank’s and the People’s Bank of China’s plan to launch economic stimulus.
The reading was, however, 6.9% lower than at the end of 2014.
The combined market capitalization of the SET’s main board and Market for Alternative Investment (MAI) was THB 13.58 trillion (US$377 billion) at the end of October, down 4.62% from end-2014. The combined average daily securities trading value of the SET’s main board and MAI increased 9.52% month on month to THB 43.21 billion (US$ 1.2 billion).
You can view the detailed announcement from SET by clicking here.