Thai stock exchange revises ceiling & floor and circuit breaker rules as volatility surges

Stocks and Financial Services Press Releases Wednesday March 18, 2020 12:05
Bangkok--18 Mar--SET Corporate Communications

The Stock Exchange of Thailand (SET) announces that in light of the COVID-19 pandemic and global economic worries that have caused stock market meltdown worldwide, SET has launched the first measure by tightening short selling to trade only the price higher than the last trading price (uptick) effective since the afternoon trading session of March 13, 2020.

Given continued volatility, SET announces further tightening of trading measures by adjusting ceiling and floor criteria and circuit breaker (temporarily halt in trading) rule, effective from March 18, 2020 and would last no longer than June 30, 2020.

SET has closely monitored and supervised the trading measures and will further adjust the criteria as necessary aiming to help stabilize the market and build investment confidence continuously.
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