Analysts wary of SET proposal

Stock market analysts and investors have offered a lukewarm response to Prime Minister Srettha Thavisin’s proposal for the Stock Exchange of Thailand (SET) to extend its trading hours, saying they are unsure how the idea will increase trading on the bourse.

Therdsak Taweetiratam, executive vice-president of Asia Plus Securities, said the proposal is unlikely to harm the stock exchange, but it is unclear how it will pump up trading.

“The…