Many investors may feel frustrated with the Thai stock market, as the SET index has remained stuck in a sideways range of 1,540-1,590 points throughout the first six months of 2017. In contrast, the stock markets of neighboring countries have shown clear upward trends. TerraBKK Research has ranked the top 7 ASEAN stock markets for the first half of 2017 (January to June) as follows:

Rank 1: 22.97% HANOI STOCK EXCHANGE - Vietnam has shown a consistent upward trend, with the index rising from 81.59 points at the beginning of January to 100.33 points by the end of June.


Rank 2: 15.29% HOCHIMINH STOCK EXCHANGE - Vietnam's VN INDEX has had a remarkable year in 2017, starting at 675.58 points and steadily climbing to 778.88 points by the end of June.


Rank 3: 11.25% INDONESIA STOCK EXCHANGE - Indonesia has gradually increased, starting the year at 5,312.42 points, remaining stable for about three months, then rising to a base level of 5,600 points in April, and reaching 5,900 points in June.


Rank 4: 10.99% THE PHILIPPINE STOCK EXCHANGE - The Philippines started the year at 7,087.48 points, gaining momentum until late April when it surged to 7,900 points at the beginning of June, before slightly dropping to 7,866.52 points by the end of the month.


Rank 5: 9.86% SINGAPORE EXCHANGE - Singapore's index has shown continuous growth since the beginning of the year, starting at 2,934.26 points, experiencing a slight correction in mid-April, and then stabilizing around 3,200 points by mid-year.


Rank 6: 6.90% BURSA MALAYSIA - Malaysia's index has steadily risen from 1,654.58 points at the start of the year to 1,768.67 points by the end of June.


Rank 7: 0.71% THE STOCK EXCHANGE OF THAILAND - Investors in the Thai stock market are likely aware that this year, the market has not moved significantly, remaining in a sideways range of 1,540-1,590 points throughout the first half of 2017. The future situation remains to be seen.


Data and images referenced from aseanexchanges.org