Thai SET in free-fall triggers circuit breaker

The Stock Exchange of Thailand (SET) lost more than 10% today, triggering an automatic suspension off the market during 30 minutes

Published

12 months ago

March 12, 2020

Carlos Fuitzer

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.

A circuit breaker was executed as the @SET_Thailand index fell by 10% when the afternoon trading session resumes. Trading is being halted from 2:38pm to 3:08pm. #BangkokPost #Thailand pic.twitter.com/swS9FAbm0V
— Bangkok Post (@BangkokPostNews) March 12, 2020

Foreigners’ Participation in Thai Listed Companies explained

Special vehicles have been created to facilitate foreign investors so that they are able to invest in Thai
securities flexibly and conveniently.

Published

1 day ago

March 5, 2021

Boris Sullivan

Similar to foreign business laws existing in most Asian countries, Thai laws have imposed restrictions on foreign ownership of Thai companies.

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Thailand’s Stock Exchange (SET) market report for January 2021

Published

1 day ago

March 5, 2021

Headline Editor

BANGKOK – The Stock Exchange of Thailand (SET) Index rose in
January, though a new wave of COVID-19 pandemic in domestic market prompted the
government to impose a partial lockdown and the inter-provincial travel
restriction in some areas.

(more…)

SET

Thailand’s Stock Exchange (SET) synergizes with CMDF to strengthen research for capital market development

Published

2 days ago

March 4, 2021

Headline Editor

The Stock Exchange of Thailand (SET) has joined forces with the Capital Market Development Fund (CMDF) to reinforce the Capital Market Research Institute (CMRI) in conducting quality research studies for the development of Thailand’s capital market, economy and society.

(more…)