Toal Reur Idex Calculaio Mehodology Las updaed: Ocober 31, 2011 1
Impora Noice: 1. This Eglish versio is o a officially accurae raslaio of he origial Thai docume. I ay cases where differeces arise bewee he Eglish versio ad he origial Thai versio, he origial Thai docume will prevail. 2. The SET shall o accep ay resposibiliies for damages caused by ay errors, iaccuracies, misudersadigs or misspelligs wih regard o he raslaio of his docume 3. This docume ca be used oly for referece. Ay forms of publishig, copy or disribuio of iformaio i his docume are sricly prohibied. The Sock Exchage of Thailad (The SET) reserves he righs o claim compesaio from violaors for ay damages SET may suffer from he coraveio of hese codiios. 4. The SET calculaes all is idex series i accordace wih he mehod meioed i his docume. If ay eve o described below occurs or he SET decides i is impossible o use he followig mehod, he SET will use a aleraive mehod of calculaio i deems valid. Toal Reur Idex Calculaio Mehodology Toal reur Idex measures marke performace, icludig price movemes (capial gai/loss), righs offered o curre shareholders allowig hem o purchase addiioal shares, usually a a discou o marke price (righs offerig), ad icome from divided paymes (divideds) assumig hey are reivesed i securiies. Currely, The Sock Exchage of Thailad (SET) ca supply SET Toal Reur Idex (SET TRI), SET50 Toal Reur Idex (SET50 TRI), SET100 Toal Reur Idex (SET100 TRI), mai Toal Reur Idex (mai TRI) ad Toal Reur Idex by Idusries (Idusry TRI). Each idex is a idicaor of he performace of a group of securiies. Based value is 1,000 pois. Calculaio Mehod Daily Toal Reur Idex Daily Toal Reur Idex = Daily Toal Reur Idex -1 x (1 + Daily Toal Reur ) - Daily Toal Reur Idex = Toal Reur Idex a ime - Daily Toal Reur Idex -1 = Toal Reur Idex a ime -1 - Daily Toal Reur = Toal Reur of he idex a ime Daily Toal Reur: TR ( Closi g Price Ousa dig Shares ) TR = 1 + [( Closi g Price Ousa dig Shares ) ± ( Adjused Price Adjused Shares) ] -1-1 i = 1 Toal Divided Yield Toal Divided Yield = (Divided per share [(Closi g Pr ice Ous a dig Shares ) ± (Adjused Pr ice Adjused Shares) ] -1 Ous a dig Shares ) -1-1 2
TR = Daily Toal Reur of he Idex a ime which calculaed by oal reur of all cosiues Close Price = Close price of each cosiue a ime Ousadig Share = Number of share of each cosiue a ime Close Price -1 = Close price of each cosiue a ime -1 Ousadig Share -1 = Number of share of each cosiue a ime -1 Divided per Share = Cash Divided per Share of cosiues Adjused Price = Price afer adjusme whe a corporae acio occurs Adjused Shares = Shares afer adjusme whe a corporae acio occurs Daily Toal Reur of SETHD TR = i = 1 ( Closig Price Ousadig Shares [{ ( Closig Price Ousadig Shares ) ± ( Adjused Price AdjusedShares) } Divided Yield Weigh] -1-1 ) Divided Yield Weigh 1 + Toal Divided Yield Toal Divided Yield = [(Divided per share Ous a dig Shares ) Divided Yield Weigh] [{ (Clo si g Pr ice Ous a dig Shares ) ± (Adjused Pr ice Adjused Shares) } Divided Yield Weigh ] -1-1 -1 TR = Daily Toal Reur of he Idex a ime which calculaed by oal reur of all cosiues Close Price = Close price of each cosiue a ime Ousadig Share = Number of share of each cosiue a ime Close Price -1 = Close price of each cosiue a ime -1 Ousadig Share -1 = Number of share of each cosiue a ime -1 Divided per Share = Cash Divided per Share of cosiues Adjused Price = Price afer adjusme whe a corporae acio occurs Adjused Shares = Shares afer adjusme whe a corporae acio occurs Divided Yield Weigh= Divided Yield Weigh of each cosiue for SETHD Idex calculaio Cosiues of Toal Reur Idices Cosiues of daily Toal Reur Idices are he same se as daily SET Idex series. Calculaio Guidelies Re-Ivesme Rules 1. Usig Gross divideds o calculae he Toal Reur Idices 2. The ypes of divideds usig o calculae Divided Yield are as follows: a. Normal Cash Divided is divided paid from e profi or reaied earigs. b. Special/Exra Divided is divided paid oher ha Normal Cash Divided. c. Capial Repayme Remark: Sock Divided does o iclude i he divided yield 3
3. Timig of re-ivesme: The divideds are reivesed o he day he cosiue is posed ex-divided (XD-dae). If a cosiue is o raded o is ex-divided dae, he divideds will reives o he firs subseque day ha he cosiue be raded. Idex Adjusme due o Corporae Acios Corporae Acio Adjusme 1. New Lised Cosiue - Adjusme dae: The ex radig day afer he day ha he cosiue is lised - Adjused price: Closig price of he firs radig day - Adjused share: Number of lised share - Adjusme: Addiio 2. Capial Icrease by Righs Offerig: XR Offerig price < Closig price of he previous radig day Offerig price Closig price of he previous radig day 3. Capial Icrease by Trasferable Subscripio Righs: XT The sum of TSR price ad Exercise price < Closig price of he previous radig day - Adjusme dae: The day is posed XR (XR-dae) - Adjused price: Offerig price - Adjused share: Number of ewly issued share - Adjusme: Addiio - Adjusme dae: The day ha ewly issued shares are lised - Adjused share: Number of ewly issued share - Adjusme: Addiio - Adjusme dae: The day is posed XT (XT-dae) - Adjused price: The sum of TSR price ad Exercise price - Adjused share: Number of ewly issued share - Adjusme: Addiio The sum of TSR price ad Exercise price Closig price of he previous radig day 4. Capial Icrease by Public Offerig/ Privae Placeme 5. Capial Icrease by ohers such as Warras 6. Capial Decrease by decreasig i umber of share 7. Capial Decrease by decreasig i par value - Adjusme dae: The day ha ewly issued shares are raded - Adjused share: Number of ewly issued share - Adjusme: Addiio - Adjusme dae: The day ha ewly issued shares are raded - Adjused share: Number of ewly issued share - Adjusme: Addiio Same as iem 4 - Adjusme dae: The day ha he shares are decreased - Adjused share: Number of decreased share - Adjusme: Subracio No adjusme 4
Corporae Acio Adjusme 8. Delised Cosiue - Adjusme dae: The firs radig day afer he day cosiues are delised - Adjused share: All lised shares - Adjusme: Subracio 9. The Excluded Cosiue: The cosiue is suspeded more ha a year 10. The Resumed Cosiue: The cosiue is resumed o rade. - Adjusme dae: The firs radig day afer he day cosiues are excluded - Adjused share: All lised shares - Adjusme: Subracio Same as iem 1 11. The cosiue chages he marke/idusry/secor/ or move i/ou SET50/SET100 Iclusio - Adjusme dae: The firs radig day ha he cosiues are moved i - Adjused share: All lised share - Adjusme: Addiio Deleio - Adjusme dae: The firs radig day afer he day cosiues are moved ou - Adjused share: All lised shares - Adjusme: Subracio 12. Spli par No adjusme 13. Sock Divided No adjusme 5