Bangkok--6 May--SCBS
To consolidate its leadership in providing innovative services for online stock traders, SCB Securities (SCBS) has inaugurated the SCBS Stock Advisor, a smart phone stock analysis application featuring comprehensive functions catering to the needs of today's online traders.
Mrs. Boontip Kritchaikul, Deputy Managing Director of the SCBS Equities Group, noted that online stock trading has been increasingly popular, and that online investment via smart phones has increased to 30% of the total value of online stock trading through Settrade.com, the Internet trading service provider under the umbrella of the Stock Exchange of Thailand. Moreover, more and more investors now prefer to conduct their own study and analysis of data for their investment decisions.
Because of those behavioral changes, the company has launched SCBS Stock Advisor, a clever smart phone application featuring a number of integrated functions, including stock screening and stock analysis programs tailored to suit investor requirements. The programs offer in-depth 5-year fundamental and technical analysis data for every stock. Investors can even draw trend lines on their smart phone screen, enabling them to more precisely project stock price patterns. The application helps investors have confidence in making the right stock investment decisions.
“SCBS Stock Advisor is a clever smart phone application with efficient functions like those of a computer, such as valuation of fundamental data, stock screening, graphic analysis, and trend line drawing. It will provide investors with easy access to their own integrated stock analysis program anytime and anyplace, catering to the needs of online stock traders and veteran investors. Conventionally, investors made investment decisions based on a brokerage house's recommendation or an analysis report, but nowadays an increasing number of investors like to conduct their own trading online. They want to study and analyze data for their own investment decisions to enhance their knowledge and technical skills so that they can keep up with increasingly complex market trends,” she said.
Mrs. Boontip added that SCBS is Thailand's first brokerage house to introduce a smart phone application combining various stock analysis functions. It builds on the successful inauguration of SCBS Technical Chart and Smart News applications, which have proved very popular among online investors. The company is confident that this SCBS Stock Advisor application will draw a good response as well, not only for its many functions, but also because it is easy to access and use. More importantly, online investors will be able to avoid missing opportunities to trade stocks with perfect timing as the application allows investment data to be analyzed and processed in real time.
Interested investors can download and use SCBS Stock Advisor on iOS smart phones through App Store and on Android smart phones through Play Store. To find it, they can search for “SCBS Stock Advisor” from May 8th onward, or try using it along with recommendations at the SCBS Booth at the Money Expo 2014 to be held during May 8-11 at Challenger Hall 2-3, Impact Arena, Muang Thong Thani. SCBS clients can use the service free of charge. Interested persons can try using the application for 7 days. For additional information, please contact the SCBS Call Center at 02-949-1999.