Bangkok--22 Dec--SET
The Stock Exchange of Thailand (SET) will allow securities in the SET100 Index to be sold short, effective from January 1, 2011, onwards. This should provide investors with a better tool to manage their risks from stock price movement. Previously, short-selling could be done only with the securities in the SET50 Index.
Short-selling has become a widely-used, effective tool for managing risks in portfolio investment, SET Chief Marketing Officer Pakorn Peetathawatchai noted. Enlarging the scope of securities in the SET100 Index to be available for short-selling should thus provide investors more investment alternatives and risk management tools. Securities in the SET50 Index, exchange-traded fund (ETF) units, and ETF-linked funds will remain available for short-selling as ever.
For more information, please contact S-E-T Call Center 0 2229 2222
Members of the media should contact the Public Relations Unit, Corporate Communications Dept.:
Ladawan Kantawong, tel: 0-2229-2036 / Kanokwan Khemmalai tel: 0-2229-2048 /
Nattaya Muangman, tel: 0-2229-2043