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