Factors Affecting the Percentage Changein Stock Prices of Listed Companies onthe Stock Exchange of Thailand in theHealth Sector

Journal
University of the Thai Chamber of Commerce Journal
Publisher(s)
Chulalongkorn University Printing House
University of the Thai Chamber of Commerce
Date Issued
2012
Author(s)
Other Contributor(s)
University of the Thai Chamber of Commerce. Journal Editorial Office
Abstract
The study of factors affecting the percentage change change in stock prices of listed companies on the Stock Exchange of Thailand in the Health Sector used monthly data from 2004 to 2010. The sample, firms including Bangkok Dusit Medical Services Public Company Limited (BGH), Bumrungrad Hospital Public Company Limited (BH) and Bangkok Chain Hospital Company Limited (KH), are listed on the Stock Exchange of Thailand and are used to calculate SET100 Index for the period of July 1 to December 31, 2010. The independent variables are the percentage change in interbank interest rate (INT), the percentage change in private investment index (PII), the percentage change in the trade volume of foreign investors (FTR), the percentage change in consumer price index in treatment and the personal service sector (CPI) and the percentage change in SET Index (SET). The multiple regression results show that only the percentage change in SET index affects the percentage change in the stock price of listed companies on the Stock Exchange of Thailand in the Health Sector.
Subject(s)
Finance
Journals
ISSN
0125-2437
Access Rights
public
Rights
This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner.
Rights Holder(s)
University of the Thai Chamber of Commerce
Bibliographic Citation
Wanrapee Banchuenvijit, Yingrak Pariyanont (2012) Factors Affecting the Percentage Changein Stock Prices of Listed Companies onthe Stock Exchange of Thailand in theHealth Sector. University of the Thai Chamber of Commerce Journal Vol.32 No.1.
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