SET Expects to Lift Short-Selling and Ceiling & Floor Limitation at the End of September!
SET’s Short-Selling and Ceiling & Floor Measures Limitation to be Lifted by the End of September!
The Stock Exchange of Thailand (SET) is expected to lift the temporary measures that limit short-selling regulations as well as the ceiling and floor prices that were introduced back in April to curb the impact of the coronavirus outbreak.
In April, SET President, Pakorn Peetathawatchai, said that given the current COVID-19 pandemic which has caused high volatility and unusualness of trading, it is necessary to impose measures in order to effectively react to any incidents that may affect the SET’s operations. Rules on market disruption will reduce the adverse impact and the new Circuit Breaker trigger levels will enable investors to better analyze information for investment decisions.
The measures are expected to be lifted at the end of September, but could be extended if SET sees higher volatility or fluctuation.