Depositary receipts are a type of security that represents ownership of shares in a foreign company. They are typically traded on a foreign stock exchange and are issued by a financial institution in the investor’s home country.
- Depositary receipts (DRs) are becoming increasingly popular among Thai investors as they provide an opportunity to invest in well-known foreign stocks and diversify portfolios.
- DRs allow investors to directly invest in foreign stocks through the Thai stock market, eliminating the need for currency exchange and overseas transactions.
- State-owned Krungthai Bank is an authorized DR issuer and plans to offer a wider range of DRs from global stock markets, providing investors with more options for portfolio diversification.
DRs have grown steadily on the Stock Exchange of Thailand, with around 16 billion baht worth held by investors. This trend is expected to…
