Page 78 - BTSGroup ONE REPORT 2021/22_EN

76 l Introduction l Nature of Business l Organisation and Shareholding Structure l Business Review l Corporate Governance l Financial Statements l Other Information l

As the COVID-19 pandemic continues to dominate the global outlook, global Cumulative Investor Flow Chart
markets experienced challenges in various areas: including a tenuous global Foreign Investors Local Institutions Local Investors
economic recovery, supply chain bottlenecks, and inflation. In the great picture, Proprietary Trading SET Index (RHS)
global stock markets turned in a solid performance in 2021, especially in Unit: mn THB Unit: Points
the developed market. In U.S. market, except for a few brief selloffs, the S&P 150,000 1,750
500 gained 14.0% and the Dow Jones Industrial Average (DJIA) gained 5.1%.
In Europe, Euro Stoxx 50 contracted slightly 0.4%, FTSE 100 gained 11.9% and 100,000 1,700
DAX decreased 4.0%. As a result, the SET index fair underperformed those 1,650
developed markets; underperforming the U.S. market (S&P500) by 11.9% and 50,000
the U.K. market (FTSE100) by 9.8%. 0 1,600
1,550
The Thai equity market outperformed other regional peers (Asia-Pacific). -50,000
In relative terms, MSCI Asia Pacific (contracted 20.1%) underperformed the MSCI 1,500
Thailand by 22.2% on annual basis driven by sluggish performance in -100,000 1,450
the Chinese market (SHCOMP declined 5.5% and HSI declined 22.5%).
-150,000 1,400
31-Mar-21 30-Apr-21 31-May-21 30-Jun-21 31-Jul-21 31-Aug-21 30-Sep-21 31-0ct-21 30-Nov-21 31-Dec-21 31-Jan-22 28-Feb-22 31-Mar-22
BTS Annual Stock Performance
BTS Turnover (RHS) BTS TB SET Index (rebased)
Source: www.setsmart.com
Unit: THB/Share Unit: mn THB
11.0 3,500 SET Index vs Regional Peers
Unit: THB/Share
10.5 3,000 12.0
2,500 11.0
10.0 10.31
2,000 10.0
9.5 9.28 BTS TB
1,500 9.0 9.20 MRT HK
9.0 9.20 8.0 (rebased)
1,000 8.01
WESTERN JP
8.5 500 7.0 RAILWAY (rebased)
6.0
8.0 -
31-Mar-21 30-Apr-21 31-May-21 30-Jun-21 31-Jul-21 31-Aug-21 30-Sep-21 31-0ct-21 30-Nov-21 31-Dec-21 31-Jan-22 28-Feb-22 31-Mar-22 31-Mar-21 31-May-21 30-Apr-21 30-Jun-21 31-Jul-21 31-Aug-21 30-Sep-21 31-0ct-21 30-Nov-21 31-Dec-21 31-Jan-22 28-Feb-22 31-Mar-22

Sources: www.setsmart.com, www.hsi.com.hk, indexes.nikkei.co.jp,
Source: www.setsmart.com www.straitstimes.com/stindex and Bloomberg
Note: SET Index have been rebased in order to compare performance with BTS share price. Note: Regional indices were rebased for performance comparison with the SET Index.