Securities exchange (stock market)
Stock market
Government gives the go-ahead for tax on share sales in stock exchange
After more than 30 years of exemption, the Thai Cabinet on Tuesday approved levying a financial transaction tax for trades in the Stock Exchange of Thailand (SET).The plan to tax SET traders has been around for 30 years, but it has always been waived by ...
The Nation Reporter
Confidence down as political tension flares
Stock investors’ confidence for the three months to October remains in neutral territory as concerns over heightening domestic political tension and the economic slowdown drag down optimism.The investor confidence index (ICI) fell 16% to 85.3 from June’s 101.2, according to the monthly survey by the ...
Bangkok Post Reporter
Thai stocks surge on easing virus cases, economic stimulus
Thai stocks surged as trading resumed after the Chakri Memorial Day holiday, boosted by rising optimism about a waning coronavirus outbreak and the government’s new economic stimulus.The benchmark SET Index rose 6.7% as of 4.58pm in Bangkok, poised for the highest gain since March 11. ...
Bangkok Post Reporter
Crisis has markets pleading for stability support
A panic-selling spree ignited by mounting coronavirus infections across the globe caused another free fall for Thailand’s stock market, prompting consultants to urge the Finance Ministry to rethink expired tax deduction privileges for long-term equity funds (LTFs) and help stabilise market conditions.Keep reading ...
Bangkok Post Reporter
Thailand Now Has the World’s Worst Stock Market
Rising coronavirus cases in Thailand dimmed the outlook for a quick rebound in tourism, sending the nation’s equities benchmark to rank as the world’s worst performer.Thailand’s SET Index’s 5.1% slump on Wednesday, most in six years, came after the government said confirmed cases of the ...
Virus panic pushes SET off a ledge
Thailand’s benchmark equity index tumbled to its biggest one-day loss since 2014, plunging below 1,400 points as rising local coronavirus infections shattered already fragile investment sentiment.The Thai bourse was the biggest loser in Asia-Pacific for the second time in three days.Keep reading ...
Bangkok Post Reporter
SEC urged to use new technologies to support capital market
Rapid technological advancements have made life more convenient. New technologies in the capital market have facilitated investors and created a more conducive environment from which all stakeholders can benefit. The Deputy Secretary-General to the Prime Minister, Dr. Kobsak Pootrakool, said some laws should be amended ...
Tarin Angskul
Investor confidence index remains neutral [Video]
The Federation of Thai Capital Market Organizations (FETCO) has warned investors of short-term risks associated with the volatility of the ongoing trade war between China and the United States, as the local capital market is still affected by the global economic slowdown.Keep watching ...