Another stab at extending SET trading hours

EXPLAINER: The premier bought a evaluation to assistance restore trading volume, however lotsof experts recommend other steps The Stock Exchange of Thailand’s headoffice on Ratchadaphisek Road. (Photo: Patipat Janthong) The Stock Exchange of Thailand (SET) is preparation to conduct a expediency researchstudy and hold a public hearing on extending trading hours in an effort to boost trading volume and worth, which have decreased this year. The bourse hasactually studied this matter over the past 6 years, however did not make a choice. Prime Minister Srettha Thavisin justrecently advised the SET to completely examine and assess the advantages and disadvantages of extending trading hours. According to a initial study, pertinent celebrations think the finest time to extend trading hours is in the early afternoon, opening afternoon trade at 2pm, a half-hour earlier than the present beginning time of 2.30pm. This relocation would reduce the mid-day break by half an hour, running from 12.30pm to 2pm. SET president Pakorn Peetathawatchai stated extending trading hours might aid to boost everyday trade on the stock market. The exchange will search for proper trading hours to boost volume, intending to stay constant with other worldwide bourses, he stated. The SET desires operating hours that will yield the biggest advantage, as varying running hours can fit various groups of financiers, stated Mr Pakorn. Q: WHAT IS THE DIFFERENCE IN TRADING HOURS BETWEEN THE SET AND OTHER REGIONAL BOURSES? Each market opens trade at various hours according to the regional time, while the period of trading hours likewise varies. The Thai stock market opens from 10am to 4.30pm regional time, with 2 trading sessions. The earlymorning session is from 10am to 12.30pm, followed by a two-hour break. The afternoon session is from 2.30pm to 4.30pm, offering 4 hours and 30 minutes of trade per day. The primary indices are the SET and the Market for Alternative Investment. The Chinese stock market has trading hours from 9.30am to 3pm, with a break from 11.30am to 1pm. There are 4 overall trading hours per day, with the significant indices the MSCI China Index and CSI300. The H
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