Thai stock exchange nosedived on Thursday morning after the World Health Orghanization declared a global Covid-19 pandemic and the US banned the entry of travellers from mainland Europe.

The Stock Exchange of Thailand (SET) index plunged more than 10% triggering phase one of an automatic circuit breaker for 30 minutes.

The first stage occurs if the SET index falls by 10% from the previous day’s close. All trading in listed securities is halted for 30 minutes.

The second stage occurs if the index falls by 20%, or another 10%, from the previous day’s close. Trading in all listed securities is halted for one hour.

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

SET to hold 48th anniversary seminar on driving Thai capital market into the future

The Stock Exchange of Thailand (SET) will organize a seminar “SET Steps into the 48th Year of Operation: Moving Forward into the Future Capital Market” under the concept “Make it Work for Future”.
mai News :mai welcomes veterinary medicines and medical devices "BIS" on May 5

mai welcomes veterinary medicines and medical devices “BIS”

The founders and executives are experienced veterinarians with expertise in this business for over 18 years, resulting in the ability to understand and respond to customers’ benefits and needs
SET News :SET welcomes dietary supplement manufacturer "NV" on Dec 24

SET heralds 694 listed companies initially qualified for SET Awards 2022

SET Awards this year will feature a series of new awards namely Best REIT Performance Award, ESG-related awards under the Best Asset Management Awards’ type, and new group of awards for the Sustainability Excellence category.