The Stock Exchange of Thailand recorded a small gain in thin pre-holiday trade on Monday, ending a year in which it was one of the weakest performers in Asia.

 

The SET Index rose 1.62 points on the day to close at 1,579.84, a gain of just 1% from 1,563.88 at the end of 2018. The latter was a 10.8% decline from the year before.

 

Throughout the year the SET Index traded in a range of 1,543.22 and 1,748.15 points, with the highest close at 1,740.91 on July 1 and the lowest close at 1,548.65 on Dec 12.

 

Full report: Bangkok Post Dec 30 2019

According to fake news, it has 1-year return of ~4% and an year-to-date of ~1%

The SET index quoted is stock price only.  The Bloomberg figure is total return (i.e. including dividends), so is roughly 3% higher.  

 

One weakness of the article is that it doesn't bother to correct for the different currencies of the indices.  If one looks at the SET index in USD, iShares MSCI Thailand ETF is up 8.3% YTD.

12 hours ago, Thailand J said:

a gain of just 1% from 1,563.88 at the end of 2018. The latter was a 10.8% decline from the year before.

But, but, exports are booming -apparently, when seasonally adjusted, by 10 bureaus where everyone is apparently surnamed General

The SET is listed in THB and the THB is 10% or more  up to most currencies

And if one had invested 3 years ago in many Thai bank funds, one would have lost approx 10% of their initial investment.

Yep, hitch yer wagon up to the ChiComs—and the wheels soon come flying off yer economy...

Edited December 31, 20196 yr by Isaan sailor

19 hours ago, Oxx said:

The SET index quoted is stock price only.  The Bloomberg figure is total return (i.e. including dividends), so is roughly 3% higher.  

Yes, correct.  Index quotes exclude dividend.  The DJIA is ~28,400, not $28,400

YTD is 0% (for 2020), and where do you see "total return"?

 

I am not suggesting they are fake news because the data is wrong, which it frequently is or because they are suffering from TDS, which they are.

 

They have been fake news long before Trump; since the preponderance of estrogen, a supreme aversion to large numbers, time & distance, devoid logic & reason and possessed of mind numbing repetition.