Authorities urged to cool down speculation in SET | Bangkok Post: business

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Quick fixes urged to prevent bubble

Brokers see clear signs in stock, property trade

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Leading stock brokers called for authorities to take action to avert damage to the stock and property markets caused by massive inflows, but the finance minister insists the current market situation is no cause for concern. 

Kongkiat Opaswongkarn, CEO of Asia Plus Securities, on Thursday said the SET index rose past 1,500 points driven mainly by small stocks, while large stocks did not see large gains.

This indicated speculation in small stocks, some of which are trading at a price-to-earnings ratio of more than 100 times.

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