Uptick rule helping to make SET more robust

Quick Summary:

The Thai stock market has become more robust over the past three weeks following the introduction of an uptick rule that has helped tighten control over short-selling and reduced volatility.

Excluding extra items and the big-cap energy/petrochemical sectors, earnings of the remaining sectors are expected to grow 11% year-on-year and 4% quarter-on-quarter.

Major conglomerates such as companies in the PTT and SCG groups will likely release their earnings by the end of July, while the remainder should be concentrated in the Aug 6-15 period.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Likely Prices Market Might Factors Focus Power Banks Results Earnings Stocks

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-20 @ 04:00:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 737 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 29 words per sentence (average)

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

Copyright Owner: © Bangkok Post

News ID: 21688360

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 11 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 6 hours ago

Coverage Areas: Thailand

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Publication Timezone: GMT +8:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #66

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