Thailand Futures Exchange Expands Instrument List with 20 New Equity Futures

The Thailand Futures Exchange , under The Stock Exchange of Thailand Group, announces its increase of 20 new underlying for stock futures, on top of the 30 currently available, starting from March 18. These additional stock futures will give investor the necessary tools to better manage their portfolio.

TFEX Managing Director Kesara Manchusree said that the additional underlying are constituents of the SET100 Index which have market capitalization of more than THB 10 billion. They are comprised of Asia Aviation pcl (AAV), Amata Corporation pcl (AMATA), Airports of Thailand pcl (AOT), Bangchak Petroleum pcl (BCP), Bangkok Dusit Medical Services pcl (BGH), Bumrungrad Hospital pcl (BH), Berli Jucker pcl (BJC), Bangkok Land pcl (BLAND), Central Plaza Hotel pcl (CENTEL), CH. Karnchang pcl (CK), Central Pattana pcl (CPN), Shin Corporation pcl (INTUCH), Jasmine International pcl (JAS), Kiatnakin Bank pcl (KK), PTT Global Chemical pcl (PTTGC), Robinson Department Store pcl (ROBINS), Sansiri pcl (SIRI), Sino-Thai Engineering and Construction pcl (STEC), Thaicom pcl (THCOM), and TPI Polene pcl (TPIPL).

These 20 additional stock futures will cover two new sectors which are Health Care Services and Tourism and Leisure. The existing underlying stocks are in 10 sectors which are in Information & Communication Technology (ADVANC, DTAC, TRUE), Transportation & Logistics (BTS, TTA, THAI), Banking (BAY, BBL, KBANK, KTB, SCB, TCAP, TMB), Agribusiness (STA), Petrochemicals & Chemicals (IVL), Energy & Utilities (BANPU, IRPC, PTT, PTTEP, TOP), Property Development (ITD, LH, QH, PS), Commerce (CPALL, HMPRO), Construction Materials (SCC), and Food and Beverage (CPF, MINT, TUF).

For the first 2 months of this year, the average daily trading volume of Stock Futures has risen significantly to 32,406 contracts, up 266 percent from last year when the daily average volume was only 8,849 contracts. Meanwhile, its open interest has been at 390,594 contracts. The increase popularity of Stock Futures is in line with Thai stock market trading volume. The top five most popular stock futures are BTS (19.56 percent), ITD (14.84 percent), QH (14 percent), KTB (12.08 percent), and TMB (11.98 percent), respectively.