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Saturday, January 28, 2023

An insight into trading stocks in Thailand

Thailand’s growing economy means that promising companies can mushroom over the years. In the next three years, it is expected to grow by around 5% annually. The question for investors however is, if they can trade stocks in the country, to profit from its growth. And the answer is, yes, they can.

The Stock Exchange of Thailand, also known as SET for short, lists around 600 companies. With a market capitalisation of USD 600 billion, it is the second-largest Southeast Asian stock market. Big companies on the exchange each have a market capitalisation ranging between USD 15 billion to USD 30 billion. This includes Airports or Thailand and Siam Cement among others.

Trading in Thailand as a tourist

Tempting as it can be to access the market, at the very start, let us be clear about one thing. It is probably hard for a tourist on a month-long visa to trade in the market. However,…

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