SET manager has no objection to extending buying and selling hours in the stock market as per the Prime Minister's proposal. As for the violent incident in the middle of a famous department store It may have a short-term impact on the tourism sector - hotel stocks. It is recommended to urgently find preventive measures and communicate them widely.
Mr. Phakorn Peetathawatchai, Director and Manager Stock Exchange of Thailand (SET) ) revealed a meeting with Mr. Settha Thavisin, Prime Minister and Minister of Finance, that the Stock Exchange Learned about plans to drive the capital market in 3 ways, namely adjusting the work of providing trading information and Thai listed companies to bring back more confidence in the capital market. which when the market has returned confidence It will make investors and listed companies more confident. The second issue is launching new products to attract foreign investors and listed companies. to show the ability to make a profit The potential of Thai listed companies to help the Thai economy grow / and finally, how can small investors take advantage of the Thai capital market in raising funds to invest abroad? At the same time, the Prime Minister gave policies to the Stock Exchange of Thailand to find ways for the Thai capital market to support various industries. To be able to come and raise funds and do business in Thailand. Including guidelines for the Thai capital market to move to the regional level. which is in line with the policy of the Stock Exchange.
As for the case of the Prime Minister It is proposed to extend trading hours on the Stock Exchange. The Stock Exchange There are no restrictions on increasing trading hours. In the past, there has always been a study of the benefits of extending trading hours. When receiving a proposal from the Prime Minister Will rush to bring the results of the study to ask for opinions from stakeholders. Reach the maximum benefits or limitations that will occur as quickly as possible.
For the case of a violent incident at a famous department store It is seen that this may have a short-term impact on the tourism sector or hotel stocks. But what should be done is to quickly find ways to prevent such violence from occurring in the future and to quickly communicate to all parties about security improvements. In order to reduce the impact on the capital market.
Source: Thai News Agency