FACTORS AFFECTING ON RATE RETURN OF SECURITIES IN PROCESSED AND FROZEN PRODUCT: EVIDENCE FROM THE STOCK EXCHANGE OF THAILAND

Abstract

The factors in this study are Business Sentiment Index, Consumer Price Index (CPI), USD/THB Exchange Rate, SET Index, Private Investment Index (PII), Quality of Export Fishery Products, and Index of Food and Beverage Industry. The study is based on monthly secondary data from January 2013 to December 2017 (Total 60 months).

The objective of the study is to examine the factors influencing on Rate Return of Securities in Processed and Frozen Product: Evidence from the Stock Exchange of Thailand.

The results show that factors influencing on Rate Return of Securities in Processed and Frozen Product: Evidence from the Stock Exchange of Thailand, report a 0.05 level of statistical significance. According to TC stock; Tropical Canning (Thailand) Public Company Limited, it is found that SET Index has an influence on the Rate Return of Securities, in the same aspect with TU stock; Index of Food and Beverage Industry affects the Rate Return of Securities in the same aspect, as study assumption with a 0.05 level of statistical significance and a 95 percent confidence level. However, factors which have no influence on the Rate Return of Securities are Business Sentiment Index, Consumer Price Index (CPI), USD/THB Exchange Rate, and Private Investment Index (PII).