SET's new measures fail to rally bourse

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Bangkok Post 23h ago

SET's new measures fail to rally bourse - Bangkok Post

Quick Summary:

The recently announced measures by the Stock Exchange of Thailand (SET) to curb short selling and high-frequency trading failed to lift the bourse yesterday, but analysts say they should help to reduce price volatility.

The uptick rule is being updated to apply to stocks that have a price decline beyond a specified threshold for the following trading day.

The revised criteria is expected to support non-SET100 stocks to be accelerated to cover shorts, noted Krungsri Capital.