The Stock Exchange of Thailand (SET) Index ended March, 2016 at 1,407.70 points, up 5.7 percent from end-February and up 9.3 percent from end-2015, considered outperforming other exchanges in the region, underpinned by domestic and external factors which were the capital inflow in riskier assets after the launch of European Central Bank’s monetary easing; the Federal Reserve meeting implying a slower pace of rate hikes; the rising global crude oil prices; as well as investors’ hopes of government economic stimulus end of March which were favorable to securities prices in just about every sector. As a result, foreign investors bought a net of THB 18.40 billion worth of shares in Quarter1/2016, becoming net buyers in Thai stocks for the first time since it kept selling from Quarter4/2014, while having bought a net of THB 26.53 billion in March.
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