The Securities Exchange and Commission (SEC) has verified the securities industry remains strong, with every company having adequate capital funds as required by law, and 98% of them having minimum funds two times above the requirement.
The Stock Exchange of Thailand (SET) has proposed measures to strengthen trading supervision including introducing automatic trading halt, dynamic price bands, and enhancing market surveillance.
The Thai stock market has moved lower in consecutive trading days, stumbling more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,350-point plateau and it's expected to extend its losses on Thursday.
The Thai stock market turned lower again on Tuesday, one say after ending the four-day losing streak in which it had dropped almost 20 points or 1.4 percent. The Stock Exchange of Thailand now sits just above the 1,360-point plateau and it's expected to see little movement on Wednesday.
A rebound in tourist arrivals has supported listed companies on the Stock Exchange of Thailand (SET) as they reported sales growth of 4.6% year-on-year in the first quarter to 4.4 trillion baht (roughly US$129 billion), with net profit edging up 1.7% to 265 billion baht.