Maybank Expects KCE, ITC and BCP to Enter SET50 Index in 1H24 Revision

KCE Electronics Public Company Limited (SET: KCE) edged higher by more than 3% at the opening of the afternoon sessionon Friday as the market expects it to be included in the revision of SET50 Index in the first half of next year, starting January.

According to estimation of Maybank Securities (Thailand), KCE, i-Tail Corporation Public Company Limited (SET: ITC) and Bangchak Corporation Public Company Limited (SET: BCP) are the three securities expected to be included in the SET50, based on the closing price on November 30, 2023.

Meanwhile, Delta Electronics (Thailand) Public Company Limited (SET: DELTA), Intouch Holdings Public Company Limited (SET: INTUCH) and Thai Life Insurance Public Company Limited (SET: TLI) are forecast to be excluded from SET50.

As for the SET100 Index, ITC, BA, SISB, SAPPE, RBF, ICHI, MOSHI, TKN, SC and THCOM are expected to be added at the beginning of next year.

On the other hand, ACE, CKP, DELTA, INTUCH, MBK, SABUY, THANI, THG, TIPH and TLI are to be excluded from the index.


In a separate research paper by CGS-CIMB that was published a few days prior, JMT was expected to enter the SET50 index instead of BCP.