What is the SET100 Index?
The SET100 Index is a stock market index which gives investors a broad benchmark of investment in the Stock Exchange of Thailand. The top 100 stocks ranked by average daily market capitalisation constitute the index, the top 50 of which also appear in the narrower SET50 Index.
Where have you heard about the SET100 Index?
Your broker can give you information about investing in foreign companies. Thailand is an emerging market and is known for its services, financials and resources sectors. The narrower SET50 Index is the better-known benchmark, but the SET100 Index gives you a broader exposure to the Thai market.
What you need to know about the SET100 Index.
The World Bank describes Thailand as ‘one of the great development success stories’. Smart economic policies put in place in the 1980s saw multi-year GDP growth of between 5 and 13 percent. However, since the military seized power in 2014, that growth has slowed to 3 percent or lower and it now lags behind other Southeast Asian economies. Both the SET50 Index and SET100 Index give the investor exposure to the Thai market, with the SET100 being the broader measure. You can easily invest in the SET100 using the ThaiDEX SET100 ETF, traded on the Stock Exchange of Thailand.