June 19, 2024
press release
Bangchak Corporation Public Company Limited or BCP has been selected by the Stock Exchange of Thailand as a stock to be included in the SET50 index calculation in the second half of 2024, from July 1, 2024 onwards.
Mr. Shiwat Kovavisarach, CEO of Bangchak Group of Companies and Chairman of Bangchak Corporation Public Company Limited or BCP, said, “The fact that BCP shares were selected for inclusion in the calculation of the SET50 Index is the result of joint efforts. Together in driving appropriate strategies to advance towards a 100 year organization (Bangchak 100X) diversifying investments implementing strategy in each business group including being a pioneer in new energy business, demonstrating the capabilities and potential of Bangchak. In doing business sustainably
The SET50 index is an index that reflects the price movements of a group of securities. The market capitalization is large and has high liquidity. It is an important tool used to compare investment returns (performance benchmark) or used as a benchmark (underlying index) for issuing different financial instruments. The fact that BCP stock has been selected as a stock to be included in the SET50 index calculation will create confidence and interest in further investment from local and international institutional investors.