The Stock Exchange of Thailand (SET), together with Maybank Kim Eng Group , will highlight the strengths and effectiveness of the Thai capital market in a seminar on “Capitalizing on Thailand transformation – Recovery, Resilience, Reform & Re-Rating” on August 23 in Singapore, aiming to attract more foreign retail investors.
SET President Kesara Manchusree said, “The roadshow is part of SET’s investor base expansion to increase foreign retail investor base. The event will showcase the effectiveness of the Thai capital market and a variety of selected investment products that give attractive returns constantly. It is the first time that we hold a seminar regarding the Thai capital market for Singaporean retail investors.”
“SET will continue to promote the attractiveness of the Thai capital market as being ASEAN’s highest average daily trading value since 2012. SET’s average daily trading value rose to THB 52.80 billion in July from early this year, while the main index (as of 20 August) rose 19.41 percent from the start of this year, and Thai listed companies post strong performance with consistent returns and high liquidity. The recent successful INVEST fair 2014 in Malaysia reflected the attractiveness of the Thai stock market, drawing a great number of Malaysian investors to join the event and open accounts to invest in Thai stocks,” Kesara added
Maybank Kim Eng (Thailand) CEO Boonporn Boriboonsongsilp said, “Maybank Kim Eng group, with branches across Asian region, has placed importance on the Thai stock market due to its high potential and effectiveness. The Thai bourse is seen as the most ready stock market for the advent of ASEAN Economic Community, resulted from the capability of Thai listed companies expanding into ASEAN region and worldwide. In June, Kim Eng launched online trading system (KE Trade) for investors in Singapore, enabling them to do real-time trading on Thai stocks, while offering discounted fees promotion. The online trading system received warm welcome from investors with trading on Thai stocks in July jumping 63 percent from the past month, partly due to the stability of Thailand’s political stability, as well as our continuous distribution of the Thai capital market information to investors.”