SET lists stocks for marginal accounts

Quick Summary:

The Stock Exchange of Thailand (SET) released a list of stocks yesterday that have been used as collateral in margin accounts, warning investors about risks for stocks that are forcibly sold, as prices can drop drastically and the major shareholders can change.

While a margin account increases investors' purchasing power, it also exposes investors to the potential for larger losses.

"The SET talked with the Securities and Exchange Commission [SEC] to find measures to prevent impacts on stock prices and business directions of these stocks.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Margin Shareholders Forced Shares Account Stocks Investors Collateral Group Major Rongrak

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-12 @ 05:00:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 380 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 21580049

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Main Topics: EconomyBusiness

Official Website: bangkokpost.com

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Year Established: 1946

Headquarters: Thailand

News Last Updated: 22 hours ago

Coverage Areas: Thailand

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Publisher ID: #66

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