FACTORS AFFECTING THE STOCK OF SET 100 INDEX IN THE STOCK EXCHANGE OF THAILAND AND CORRELATION BETWEEN INDEPENDENT VARIABLE AND DEPENDENT VARIABLE

  • วิสารัตน์ พันต่วน
  • ธฤตพน อู่สวัสดิ์
Keywords: Factors affecting, Stock index, SET 100

Abstract

The purpose of this study is to examine factors affecting the stock of SET 100 Index in The Stock Exchange of Thailand. The factors in this study including Gold Price (GOLD), WTI Oil Price (OIL), US Dollar Exchange Rate (EXG), Average Retail Value (VALUE), Large Corporate Loan Rates (MLR) and real interest rate (RINT). The data were the corresponding monthly closing price from January 2013 to December 2017, total 60 month. Multiple linear regressions with ordinary least squares (OLS) are used for data analyst.

The results shown that US Dollar Exchange Rate (EXG) statistically are negatively affect securities price of set 100 Index and Average Retail Value (VALUE) statistically are positively affect securities price of set 100 Index at the confidence level of 95%

Published
2018-09-01
Section
Business Administration and Management Articles

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