SET expands measures to curb speculation | Bangkok Post: business

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SET expands speculation curbs

The Stock Exchange of Thailand (SET) is taking further steps to discourage speculation as the local market hovers near 18-year highs.

SET officials on Friday doubled to six consecutive weeks the period for trading using cash balance accounts for securities showing abnormal trading patterns. In such cases, investors must pay cash upfront for their shares.

The requirement is in line with current trading conditions and is intended to protect investors from damage, according to a SET statement.

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