Since 2014
Cross Country Capital Inflow Evidence of SETI and SETPDI in the Stock Exchange of Thailand During 2004-2012
GSTF Journal on Business Review
View Archive Info| Field | Value | |
| Title |
Cross Country Capital Inflow Evidence of SETI and SETPDI in the Stock Exchange of Thailand During 2004-2012
|
|
| Creator |
Ngamkroeckjoti, Chittipa
Kijboonchoo, Thongdee |
|
| Description |
This study investigates whether the Thai & US ratio ofinterest rate, foreign portfolio investment (FPI), and StockExchange of Thailand (SET) indext-1 collectively contribute toboth SET index (SETI) and SET property development index(SETPDI) from January 2004 to December 2012. This study usesMultiple Linear Regressions (MLR) through SAS enterprise 4.1software. The impact of the Thai & US ratio of interest rate,foreign portfolio investment (FPI), and SET indext-1 to the Thaistock market and SETPDI were identified before, during, andafter Hamburger crisis. The study found the significant impact ofthe Thai & US ratio of interest rate, foreign portfolio investment(FPI), and SET indext-1 on stock market indices and it confirmedthe correlations suggested by previous studies. Moreover, thefindings also provided practical speculative implications for stockinvestors. SET indext-1 had a higher predictive power than othervariables in the SET and SETPDI. The findings of this studyprovided theoretical implications as well as stock speculation forfuture researches. Therefore, stock investors need to keep an eyeon and pay more attention to the change of SET indext-1 the most.
|
|
| Publisher |
GSTF Journal on Business Review (GBR)
|
|
| Date |
2017-12-28
|
|
| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
|
| Format |
application/pdf
|
|
| Identifier |
http://dl6.globalstf.org/index.php/gbr/article/view/753
|
|
| Source |
GSTF Journal on Business Review (GBR); Vol 2 No 4 (2013): Journal on Business Review (GBR)
2251-2888 2251-2888 |
|
| Language |
eng
|
|
| Relation |
http://dl6.globalstf.org/index.php/gbr/article/view/753/696
|
|
| Rights |
Copyright (c) 2013 GSTF Journal on Business Review (GBR)
|
|