FTSE SET Index Series

All companies listed on the Stock Exchange of Thailand Main Board are eligible for inclusion, subject to passing FTSE’s international methodology standards – liquidity, investability and free float adjustment. Free float, which was introduced to this market for the first time, reflects the stocks actually available in the market for public investment.

The FTSE SET Index Series covers all segments of the capital market, divided into Large, Mid, Small and Fledgling according to market capitalisation, allowing greater flexibility to measure and invest in these distinct segments. The headline FTSE SET Large Cap Index represents the performance of the top 30 Thai companies by market capitalisation, providing investors with a market benchmark that adopts international methodology standards. There is also a Shariah-compliant index available.

The FTSE SET Large Cap Index is now delivered faster on a streaming, intra-second basis whenever there is a change in the underlying constituent price, rather than every 15 seconds. This gives investors the most up-to-date read of the Thai market and enables investment banks and investment managers to make trading decisions based on intra-second index quotes and respond more rapidly to immediate market events. FTSE has also introduced total return index (TRI) values in real time which were previously only available on an end-of-day basis. This supports the development of financial products against TRI benchmarks for Thailand and the need for product issuers to make truly real-time intra-day valuations of index portfolios.

FTSE SET constituents are classified according to the Industry Classification Benchmark (ICB), the global standard for sector classification which supports sector-based investment strategies and cross-border analysis.

The indices can be used as the basis for trading and benchmarking of financial products, such as institutional and retail funds, exchange traded funds (ETFs), derivatives contracts and other financial products.

The family includes:

• FTSE SET Large Cap Index

  comprising the largest 30 companies by full market capitalisation that meet stated eligibility requirements

• FTSE SET Mid Cap Index

  companies within the top 90% of the SET Universe by full market capitalisation, that meet the stated eligibility requirements but are not constituents of the FTSE SET Large Cap Index

• FTSE SET Small Cap Index

  companies within the top 98% of the SET Universe by full market capitalisation, that meet the stated eligibility requirements but are not constituents of the FTSE SET Large Cap Index or FTSE SET Mid Cap Index

• FTSE SET All-Share Index

  comprising all companies in the FTSE SET Large Cap Index, the FTSE SET Mid Cap Index and the FTSE SET Small Cap Index

• FTSE SET Mid Small Cap Index

  comprising all companies in the FTSE SET Mid Cap Index and the FTSE SET Small Cap Index

• FTSE SET Fledgling Index

  comprising all companies listed on the SET Universe that are too small to be in the FTSE SET All-Share Index

• FTSE SET Shariah Index

  comprising companies from the FTSE SET All-Share Index that meet a strict set of Shariah principles