Factors Influencing the Stock Prices of Sena Development Public Company Limited and Sansiri Public Company Limited in the Stock Exchange of Thailand

Authors

  • ๋Jakarin Sirikulthorn College of Digital Innovation Technology , Faculty of Science, Rangsit University
  • Nithipa Arjrith College of Digital Innovation Technology , Faculty of Science, Rangsit University

Keywords:

Stock Prices, Sena Development Public Company Limited Stocks, Sansiri Public Company Limited Stocks, Stock Exchange of Thailand

Abstract

This research aims to study the factors affecting the stock prices of Sena Development Public Company Limited (SENA) and Sansiri Public Company Limited (SIRI) on the Stock Exchange of Thailand. The factors considered include the SET Index, Consumer Price Index (CPI), Policy Interest Rate (R), Dow Jones Industrial Average (DJI), Dubai Crude Oil Price (OIL_WTI), and Philadelphia Gold and Silver Index (GOLD_XAU). Using daily secondary data from February 1, 2022, to February 28, 2024, a period of 485 days, the analysis employs descriptive and inferential statistics, including Multiple Regression Analysis. The findings indicate significant positive effects of the SET Index and GOLD_XAU on SENA's stock prices, while the R and DJI have negative effects. For SIRI, the SET Index, R, DJI, and GOLD_XAU positively affect stock prices, while CPI and OIL_WTI have no significant effect.

References

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Published

13-12-2024

How to Cite

Sirikulthorn ๋., & Arjrith, N. . (2024). Factors Influencing the Stock Prices of Sena Development Public Company Limited and Sansiri Public Company Limited in the Stock Exchange of Thailand. Business Administration and Economics Review, 20(2), 40–55. retrieved from https://so15.tci-thaijo.org/index.php/bae/article/view/944

Issue

Section

Research Article