The Stock Exchange of Thailand (SET) Index was on the rise in April and recorded its highest level of 2016 at 1,423.90 on April 21, underpinned by the increase in global commodity prices, especially crude oil prices which had jumped by 37.5 percent from end-2015. However, SET Index ended April 2016 at 1,404.61 points, dropped slightly 0.2 percent from end-March after The European Central Bank (ECB) and Bank of Japan (BOJ) had no additional economic stimulus package as markets expected. So far this year, the Thai stock market’s performance outperformed other markets in the region, especially in commodity-related sectors such as Energy, Petrochemicals & Chemicals and Food & Beverage, relative to the stronger baht.
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