News Centre

SET Market Report For April 2023

Date 09/05/2023

International Monetary Fund (IMF) forecast the global economic growth will slightly slow down in 2023, inflation stubbornly stays above the target as the labour market still tight as seen by the fact that the ratio of job vacancy to unemployed people hit the highest level in a decade. However, a better balance labour market is shaping. Impacts from aggressive rate hikes by several central banks on financial sector start to be seen, shaking depositor confidence, making a run on deposits at vulnerable banks and consequently compelling government to launch assistance measures to avert a snowball effect. The impacts on Thai listed companies are very limited as their asset exposure to the troubled financial institutions is low.

NGX commends ASHON For Enhancing Professionalism, Ethics In Capital Market

Date 09/05/2023

Nigerian Exchange Limited (NGX) has lauded the Association of Securities Dealing Houses (ASHON) for enhancing professionalism and ethical conduct in the market.

Retail Trading Of Banking Stocks Hit Record Levels In Q1 2023 - Pulse Report Finds - The US Banking Crisis Leads To Renewed Retail Interest In The Sector; Tesla, Bed, Bath & Beyond And Amazon Are Most Traded Single-Name Stocks During The Quarter

Date 09/05/2023

Based on the findings of the Q1 2023 Pulse Report published by high-growth trading platform Capital.com, the global banking turmoil in March, regenerated renewed interest in banking stocks among retail traders. Traders took advantage of lower bank valuations to buy the dip while simultaneously selling off the back of negative news flows.

Open Consultation - UK Financial Services Regulation: Measuring Success – Call For Proposals

Date 09/05/2023

Summary

The Call for Proposals seeks views on which metrics the FCA and the PRA should publish in relation to the new secondary growth and competitiveness objectives.

Mirae Asset Global Investments Launches Leveraged Version Of The China Electric Vehicle And Battery ETF Tracking Solactive Index

Date 09/05/2023

In 2022, the electric vehicle market experienced explosive growth, with sales surpassing 10 million in 2022, according to the International Energy Agency’s (IEA) Global EV Outlook 2023 report. The document shows that China has taken the lead again, capturing approximately 60% of the global electric car sales – which was also backed by the government support. The country currently boasts over half of all electric vehicles on roads worldwide and it has already overdone its 2025 goal for new energy vehicle sales. Further addressing the strong growth in this segment – both domestically and overseas – that is projected to the upcoming years, Mirae Asset Global Investments (Mirae Asset) now launches the Mirae Asset Tiger Synth-China EV Leverage ETF, tracking the Solactive Daily Leverage 2x Long China Electric Vehicle and Battery Index. In addition to the widely popular unleveraged Mirae Asset TIGER China Electric Vehicle Solactive ETF, investors will now have the opportunity to invest into a new ETF that aims to provide a return twice (2x) the daily performance of the base index (Solactive China Electric Vehicle and Battery Index).

LSEG Selects OpenFin For Delivery Of LSEG Workspace To Customer Desktops

Date 09/05/2023

London Stock Exchange Group (LSEG) has selected OpenFin’s technology for its flagship LSEG Workspace platform. The partnership will leverage OpenFin’s secure zero-install delivery model and container technology to simplify distribution of LSEG’s next-generation data and analytics to customer desktops. 

"Financial Services And Markets (Amendment) Bill" – Second Reading Speech By Mr Alvin Tan, Minister Of State, Ministry Of Culture, Community And Youth & Ministry Of Trade And Industry, And Board Member Of MAS, On Behalf Of Mr Tharman Shanmugaratnam, Senior Minister And Minister-In-Charge Of The Monetary Authority Of Singapore, On 9 May 2023

Date 09/05/2023

1.  Madam Deputy Speaker, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister-In-Charge of the Monetary Authority of Singapore, I beg to move, “That the Bill be now read a second time”.

Japan Financial Services Agency: G7 High-Level Corporate Governance Roundtable

Date 09/05/2023

On May 11, the G7 High-Level Corporate Governance Roundtable will be jointly organised by Financial Services Agency and Organisation for Economic Co-operation and Development (OECD). This meeting will take place at the time of the G7 Finance Ministers and Central Bank Governors (FMCBG) Meeting in Niigata, Japan. The roundtable will bring together high-level panelists and participants from both the public and private sectors worldwide, and will discuss how corporate governance can support corporations’ sustainability and resilience.

Circular Of Shanghai International Energy Exchange On Market Maker Applications For Futures And Options Products

Date 09/05/2023

Shanghai International Energy Exchange has released its Circular on Market Maker Applications for Futures and Options Products as follows:

Japan Financial Services Agency - Stewardship Code : 324 Institutional Investors Have Signed Up To The Principles For Responsible Institutional Investors As Of April 30, 2023

Date 09/05/2023

The Council of Experts Concerning the Japanese Version of the Stewardship Code (Chairman: Professor Hiroyuki Kansaku, University of Tokyo Graduate Schools for Law and Politics) published the Principles for Institutional Investors (Japan’s Stewardship Code, hereinafter referred to as "the Code") on February 26, 2014.