The Stock Exchange of Thailand (SET) revealed that MSCI Inc., a global index provider, would add 14 Thai stocks as components of its MSCI Global Small Cap Indexes, consisting of BA, BEAUTY, CBG, EPG, IMPACT, IFEC, MTLS, PLANB, PTG, SIM, SCN, TSE, UNIQ, and WORK, effective from May 29 making Thai bourse to have the most additions in the indexes in ASEAN.
SET Executive Vice President Santi Kiranand said that 13 SET-listed stocks and one from the Market for Alternative Investment (mai) being added to the MSCI Global Small Cap Indexes, with a combined market capitalization of THB 285.68 billion (approx. USD 8.66 billion, as of May 12, 2015), whereas two Thai stocks have been removed from this set of indexes. On MSCI Global Standard Indexes, there was no change for Thai stocks on the review.
“There are fourteen additions from Thailand, seven from Indonesia, Singapore and Malaysia at four each and three from the Philippines. The fact that Thailand has the most additions in ASEAN reflects that small-and medium-cap stocks are still attractive in terms of size and liquidity compared with other neighboring markets, although the Thai stock market has been hit by uncertainties from domestic and overseas factors. Among the additions, it is interesting to note that eight stocks are newly-listed or recently-listed companies in 2014 and 2015, representing 57 percent of the total additions. These are BA, CBG, EPG, MTLS, PLANB, SCN, TSE and IMPACT being Thailand’s first real estate investment trust (REIT), well selected into the indexes,” Santi said.
The MSCI indexes measure equity market performance. They are well-known among foreign institutional investors, especially fund managers, who use them as benchmarks to measure Thailand’s equity market. However, there are several types of MSCI indexes, divided by region, country, size, sector, etc. MSCI does not include all stocks traded on SET in its indexes, but make selection based on market cap, liquidity and the level of tradable stocks among foreign investors.
List of Thai listed companies and securities being added into MSCI Global Small Cap Indexes
|
Listed Company Name |
Symbol |
1 |
BANGKOK AIRWAYS |
BA* |
2 |
BEAUTY COMMUNITY PUBLIC COMPANY LIMITED |
BEAUTY |
3 |
CARABAO GROUP PUBLIC COMPANY LIMITED |
CBG* |
4 |
EASTERN POLYMER GROUP PUBLIC COMPANY LIMITED |
EPG* |
5 |
INTER FAR EAST ENGINEERING PUBLIC COMPANY LIMITED |
IFEC |
6 |
IMPACT GROWTH REAL ESTATE INVESTMENT TRUST |
IMPACT* |
7 |
MUANGTHAI LEASING PUBLIC COMPANY LIMITED |
MTLS* |
8 |
PLAN B MEDIA PUBLIC COMPANY LIMITED |
PLANB* |
9 |
PTG ENERGY PUBLIC COMPANY LIMITED |
PTG |
10 |
SAMART I-MOBILE PUBLIC COMPANY LIMITED |
SAMART |
11 |
SCAN GLOBAL PUBLIC COMPANY LIMITED |
SCN* |
12 |
THAI SOLAR ENERGY PUBLIC COMPANY LIMITED |
TSE* |
13 |
UNIQUE ENGINEERING AND CONSTRUCTION PUBLIC COMPANY LIMITED |
UNIQ |
14 |
WORKPOINT ENTERTAINMENT PUBLIC COMPANY LIMITED |
WORK |
List of Thai constituents in MSCI Global Standard Indexes
|
Listed Company Name |
Symbol |
1 |
ADVANCED INFO SERVICE PUBLIC COMPANY LIMITED |
ADVANC |
2 |
AIRPORTS OF THAILAND PUBLIC COMPANY LIMITED |
AOT |
3 |
BANPU PUBLIC COMPANY LIMITED |
BANPU |
4 |
BANGKOK BANK PUBLIC COMPANY LIMITED |
BBL |
5 |
BEC WORLD PUBLIC COMPANY LIMITED |
BEC |
6 |
BANGKOK DUSIT MEDICAL SERVICES PUBLIC COMPANY LIMITED |
BGH |
7 |
BUMRUNGRAD HOSPITAL PUBLIC COMPANY LIMITED |
BH |
8 |
BTS GROUP HOLDINGS PUBLIC COMPANY LIMITED |
BTS |
9 |
CP ALL PUBLIC COMPANY LIMITED |
CPALL |
10 |
CHAROEN POKPHAND FOODS PUBLIC COMPANY LIMITED |
CPF |
11 |
CENTRAL PATTANA PUBLIC COMPANY LIMITED |
CPN |
12 |
DELTA ELECTRONICS (THAILAND) PUBLIC COMPANY LIMITED |
DELTA |
13 |
ENERGY ABSOLUTE PUBLIC COMPANY LIMITED |
EA |
14 |
GLOW ENERGY PUBLIC COMPANY LIMITED |
GLOW |
15 |
HOME PRODUCT CENTER PUBLIC COMPANY LIMITED |
HMPRO |
16 |
IRPC PUBLIC COMPANY LIMITED |
IRPC |
17 |
INDORAMA VENTURES PUBLIC COMPANY LIMITED |
IVL |
18 |
KASIKORNBANK PUBLIC COMPANY LIMITED |
KBANK |
19 |
KRUNG THAI BANK PUBLIC COMPANY LIMITED |
KTB |
20 |
MINOR INTERNATIONAL PUBLIC COMPANY LIMITED |
MINT |
21 |
PTT PUBLIC COMPANY LIMITED |
PTT |
22 |
PTT EXPLORATION AND PRODUCTION PUBLIC COMPANY LIMITED |
PTTEP |
23 |
PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED |
PTTGC |
24 |
THE SIAM COMMERCIAL BANK PUBLIC COMPANY LIMITED |
SCB |
25 |
THE SIAM CEMENT PUBLIC COMPANY LIMITED |
SCC |
26 |
TMB BANK PUBLIC COMPANY LIMITED |
TMB |
27 |
THAI OIL PUBLIC COMPANY LIMITED |
TOP |
28 |
THAI UNION FROZEN PRODUCTS PUBLIC COMPANY LIMITED |
TUF |
29 |
TRUE CORPORATION PUBLIC COMPANY LIMITED |
TRUE |