SEC closely monitors Thai exchange

SET halts trading

The watchdog said in a statement that it has closely monitored the situation. It also asked investors to stay alert to updates which could affect the share trading. They should also invest cautiously.

 Still, the watchdog said that 344 Thai stocks possess good fundmentals and their prices are below book value. Meanwhile, over half of listed companies in the main board and the small-cap board offer attractive return on investment and dividends.

 The SEC disclosed that short-sale value has slightly increased to 1.4 per cent of total turnover, compared to 0.6 per cent in the previous week. However, it said the short-sales, which are now suspended in several markets, are not affecting the market as they are subject to stricter regulations.