FACTORS AFFECTING STOCK PRICE SIAM CEMENT GROUP

Abstract

A study of the factors affecting the price of Thai Cement Public Company Limited, the purpose of this study was to study economic factors affecting on the stock price. The factors used were 6 factors: common share, stock market, energy revenue, gold Price (GOLD), Interest Rate (INT) and THB / USD Exchange Rate. The duration of study had been from January 1, 2013 to December 31, 2016 for 60 months The instrument used was multiple regression by ordinary least squares (OLS), this was a test of relationship of variable affecting factors affecting on the stock price of Thai Cement Public Company Limited and studied the relationship with the effect and direction of the relationship by comparing the data collected, the coefficients of the variables and their respective variables were estimated to summarize and explain the relationship between the variables and the factors affecting the stock price of Thai Cement Public Company Limited.

The study indicated that factors affecting on the stock price of Thai Cement Public Company Limited, gold Price (GOLD), Interest Rate (INT), stock market and THB / USD Exchange Rate had the opposite direction of relationship with the impact on the share price of Thai Cement Public Company Limited. Common share was in the same direction as the impact on the price of Thai Cement Public Company Limited and the price of oil in the world market (ENERG). was not significantly correlated with the impact on Thai Cement Public Company Limited stock price at 0.05 level of confidence, 95%