Foreigners own 30% of Thai stocks

[webfact]

Foreigners own 30% of Thai stocks

 

 

The ratio of foreign ownership in the Thai stock market as of June is estimated at 29.9 per cent, valued at Bt5.15 trillion, according to the Securities Exchange of Thailand (SET).

 

SET researcher Sumitra Tangsamavorapong said the ownership ratio is obtained from the corporate action registrar and trading information within the SET.

 

She said up to 50 per cent of ownership is in the banking, energy and utility sectors, as well as IT and communications.

 

“Investors in 114 countries own stocks in Thailand, four more than last year,” she said.

 

The top foreign investors are in Britain, Singapore and the United States, followed by Hong Kong, Japan, Switzerland, Mauritius, France, the Netherlands and Luxembourg. 

 

In total they own a combined Bt4.59 trillion worth of stocks in the SET.

 

Source: https://www.nationthailand.com/business/30375458

 

-- © Copyright The Nation Thailand 2019-08-28

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[ukrules]

At some point it may be worth dumping those stocks just to cash in on the largely unexpected currency gains from the Baht.

 

For example, if things look like they're going in the opposite direction with the Baht then it could trigger a meltdown on the exchange as everyone dumps the shares first and then secondly the currency.

 

Maybe this is why they maintain a high Baht, if (or should I say when) it starts crashing back down to earth then why would anyone keep their money in anything priced in Baht?

 

[ExpatOilWorker]

It is interesting that foreign investors have sold $5.7 billion more than they have bought since 1995 on the SET and still they own nearly 30%.

Good investors or just normal profits from the market?

 

SET 2.xlsx

[peter14]

Dump  mow !!  before it get too nasy in Thailand.  Thailand becoming rogue nation 

[thaistocks]

What is never mentioned is how Thai retail investors have been abandoning SET investing in droves.  Ask yourselves why!

In the past few years the percentage of Thai retail investors trading volume, as compared to total trading volume, has dwindled from 65-75% (for many, many years) to presently only around 30%!  Can you imagine if you had a product where the/its main client base had collapsed nearly 2/3 of previous long held market share.  You can see market share by type of investor at this link:   https://marketdata.set.or.th/mkt/investortype.do?language=en&country=US

What this shows more then anything is the failure of the Thai broker's industry and their too often less then PAR conduct.

[DrTuner]

And you need baht to buy those stocks, hence foreign investors have been buying baht, yes? So that's where it's been flowing to. Chinese buying the companies, then it's easy enough to gain the upper hand of the economy and enslave (again) Thailand. In the meanwhile, farangs can't even put up a mom&pop shop by themselves.

Edited August 28, 2019 by DrTuner

[moe666]

14 minutes ago, DrTuner said:

And you need baht to buy those stocks, hence foreign investors have been buying baht, yes? So that's where it's been flowing to. Chinese buying the companies, then it's easy enough to gain the upper hand of the economy and enslave (again) Thailand. In the meanwhile, farangs can't even put up a mom&pop shop by themselves.

I guess you missed the part about who the top 3 investors happen to be and it wasn't China.