The Stock Exchange of Thailand (SET) is mulling over an extension of trading hours hoping to rekindle its diminished trading volume and value this year. Despite six years of study, no decision had been previously made on the matter. However, Prime Minister Srettha Thavisin recently directed SET to thoroughly analyse the pros and cons of such a move.
A preliminary survey suggests that the best time to extend trading hours would be early afternoon, opening afternoon trade at 2pm instead of the current 2.30pm. This change would cut the mid-day break by half an hour, leaving it from 12.30pm to 2pm.
SET’s president Pakorn Peetathawatchai shared that this extension might aid in increasing the daily trading volume on the stock market. He added that they will seek suitable trading hours to bolster volume, keeping them aligned with other international…
