Home Product Center Public Company Limited (HMPRO) Dips -0.69% on Mar 14

March 14, 2018 - By Darrin Black

Shares of Home Product Center Public Company Limited (BKK:HMPRO) last traded at 14.3, representing a move of -0.69%, or -0.1 per share, on volume of 7.70 million shares. After opening the trading day at 14.4, shares of Home Product Center Public Company Limited traded in a close range. Home Product Center Public Company Limited currently has a total float of 13.15B shares and on average sees 26.00M shares exchange hands each day. The stock now has a 52-week low of 9.15 and high of 15.

SET Index: A Small But Terrible Index

Almost two decades after the Asian Financial Crisis of 1997, Asia has grown to become an economic powerhouse. And Home Product Center Public Company Limited is proud to work there. That time, almost all Asian nations had suffered vastly— especially Hong Kong, Indonesia, Laos, Malaysia, Philippines, South Korea, and Thailand. Even if the meltdown had begun with Thailand’s financial woes, the country has since then emerged victorious in the recovery process, successfully overcoming all the economic challenges.

Thailand is one of today’s fastest growing economies, thanks to the Stock Exchange of Thailand (SET). It may not yet be as experienced and as large as other stock exchanges in Asia but it is surely full of potentials that can facilitate further economic progress. There is no doubt that with a constant growth Home Product Center Public Company Limited and others will expand its lists of investors.


The SET was formed in April 1975 to serve as Thailand’s main stock exchange. More than 500 companies are already listed on it as of January 2015, bringing its total market valuation to almost $500 billion. Interestingly as well, the SET has made Thailand as the first Asian country to join the Sustainable Stock Exchanges initiative of the United Nations (UN).

The pre-market trading on the SET opens at 9:00 a.m. and lasts for 25 to 30 minutes. The regular trading immediately follows and lasts until 12:30 p.m. Before the regular trading resumes, there is another pre-market trading that opens at 2:00 p.m. and lasts for 25 to 30 minutes. Then, the regular trading immediately resumes and lasts until 4:30 p.m. As soon as the market closes, the post-market trading opens and lasts for 30 to 40 minutes. Investors are catching up with Home Product Center Public Company Limited at this time.

The SET Index

The SET Index was established a few days after the foundation of the SET in April 1975. Its base value of 100 points had also been established on that day.

The SET Index is a broad representation of the Thai equity market, paving way to the establishment of investible sub-indices: 1) SET100; and 2) SET50. The former monitors the 100 most active companies on the SET while the latter monitors the 50 most active companies. A stock cannot be included in the SET50 if it is not included in the SET100.

First published in August 1995, the SET50 has a base value of 1,000. Like its parent indices, it measures stocks based on market capitalization. Rebalancing of the components occur every December and June every year. The changes made then take effect on the first trading day of the following months, respectively.

The components of the SET50 are classified into various sectors. The biggest sectors include Transportation, Materials, and Energy.

In October 2011, the SET50 had posted its all-time low of 636.07. In May 2013, it had posted its all-time high of 1,079.78.

The potentials of the Thai equity market cannot be underestimated. The same goes for its growth prospects. By 2019, Asia is widely believed to account for more than a quarter of the global financial wealth; and Thailand is surely one of the reasons behind that success. Consequently, investors are strongly urged to invest on SET stocks today. Some of them prefer to invest in Home Product Center Public Company Limited.

More recent Home Product Center Public Company Limited (BKK:HMPRO) news were published by: Nytimes.com which released: “Manafort Was in Debt to Pro-Russia Interests, Cyprus Records Show” on July 19, 2017. Also Techcrunch.com published the news titled: “Apple pushes the reset button on the Mac Pro” on April 04, 2017. Theguardian.com‘s news article titled: “Lorde cancels Israel concert after pro-Palestinian campaign” with publication date: December 25, 2017 was also an interesting one.

Home Product Center Public Company Limited operates as a home improvement retailer in Thailand. The company has market cap of $188.06 billion. It trades in a range of goods and materials for construction, addition, refurbishment, renovation, and enhancement of buildings, houses, and residences; and provides a range of related services. It has a 38.44 P/E ratio. The firm also offers 3D design, installation, maintenance, and home improvement services, as well as utilities; and warehousing and distribution services.

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