Regulators' move to cool down small stocks by extending the required cash-balance period is unlikely to hurt the prevailing positive investment climate.
Last Friday, the Stock Exchange of Thailand (SET) extended the period required for cash trading of stocks on the cash-balance list to six weeks from three earlier.
Investors wanting to trade the shares must deposit cash in their trading accounts in full before they can start buying instead of trading on credit and settle the balance in a few days like other stocks. The adjustment will be effective from March 1.
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