No naked short-selling of Thai stocks: PM advisor

He was speaking after a meeting between representatives of the Finance Ministry, the Stock Exchange of Thailand, and the Securities and Exchange Commission at the Government House. He acknowledged concerns about the market’s vulnerability, attributed in part to Thailand’s initially high market base and various factors like Thai and foreign investors, business performance, economic expansion, and short selling transactions.

Kittirat expressed confidence in the government’s economic growth projections and also touched on the upcoming release of clear economic figures expected today (November 14) at 5pm, which will address household debt concerns. Regarding “naked short-selling”, he noted that the Securities Exchange Commission (SEC) is strictly monitoring any signs of this practice, which is considered illegal. Pointing to the complexity of today’s investment world, he confirmed…