Brokerages estimate that 40 firms will probably be unable to commerce shares underneath the brand new short-selling requirements, accounting for just one.4% of the typical day by day buying and selling quantity.

2024-06-21 08:04:19

Maybank Securities (Thailand) Public Firm Restricted estimates that in the present day, please observe the SET introduced new standards for shares that may be shorted within the second half of 2024. If based mostly on the standards for listening to opinions on shares that may be shorted: 1) Shares inside SET100 2 ) for shares aside from SET100

They need to move the next requirements: 3-month common market capitalization isn’t lower than 7.5 billion baht (initially 5 billion baht), 12-month common turnover price isn’t lower than 2%, of which free float isn’t lower than 20% to make use of this kind Share of normal filtering.

If a inventory is discovered to have an unfinished brief place, it will not be attainable to promote it brief. Due to this fact, it’s unlikely to generate a lot momentum and the technique is to pick out BCP and ERW from the difficulty of rising oil costs and coming into SET50, because the enterprise development will develop effectively.

On the similar time, Krungsri Securities Public Firm Restricted acknowledged that among the many measures taken to extend confidence within the capital market, the newest updates efficient in the present day embrace: 1) setting requirements for brief promoting shares (efficient June 21), which should be in SET100, and if not in SET100, market capitalization should be > 7.5 billion baht

As well as, shares with a turnover price >2% prior to now 12 months are assessed as neutral-weakly optimistic psychologically. That is anticipated to assist help the market, which has been unstable partially attributable to brief promoting of shares. A lot of the shares that may see heavy brief promoting and be topic to brief promoting bans within the coming interval are small shares. In the event you embrace the entire worth of about 38 million baht, the following set will probably be carried out on July 1.

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