THE ECONOMIC FACTORS AFFECTED THE STOCK PRICES OF MUANGTHAI INSURANCE, LTD. (THAILAND)

Abstract

The purpose of this study was to investigate the economic factors affecting the stock prices of Muangthai Insurance, Ltd. (Thailand). The factors that using in this study are INSURANCE Prices Index : ISUR , Private Investment Index : PII, The domestic consumer index : CPI, Price index - The Comparisons : IE, The Bath : NEER, Commercial real estate loans : H

The data of a research were selected from July, 2005 to December, 2017, consisting of 114 months. Multiple Regression and Ordinary Least Square were applied for this study to analyze. The results of the study were (1) The Bath (NEER) showed that relation of price to Book Value were statistically significant at 0.95 level of confidence and positively affect the stock price of Muangthai Insurance, Ltd. (Thailand). (2) INSURANCE Prices Index : ISUR, The domestic consumer index : CPI, Price index - The Comparisons : IE, Commercial real estate loans : (H) and Private Investment Index (PII) are not affected the stock prices of Muangthai Insurance, Ltd. (Thailand).