Factors Affecting the Stock Price of Property and Construction Sector in the Stock Exchange of Thailand

Abstract

          The objectives of this research were to study the factors affecting the stock price of property and construction (PROPCON) sector in the stock exc hange of Thailand.  The independent variables used in this study were Pro perty Price Index,Stock Exchange of Thailand Index, Construction Material s Price Index, Dividend Yield Ratio, and Consumer Confidence Index. The d ependent variable was the stock price of property and construction sector in the Stock Exchange of Thailand. The data used in this study were second ary historical data and time series data of 60 months from January 2016 to December 2020.  The statistics for analyzing were correlation analysis and multiple linear regression at the statistical significant level of 0.05. The res ults showed that the only factor that affected to the stock price of property and construction sector in the Stock Exchange of Thailand was Dividend Yi eld Ratio. Dividend Yield Ratio had positive correlation with the stock pric e of property and construction sector in the Stock Exchange of Thailand at the statistical significant level of 0.05.