Agro and food industry (agribusiness, food, and beverage), Consumer products (fashion, home and office products, and personal products and pharmaceuticals), Financials (banking, finance and securities, and insurance), Industrials (automotive, industrial materials and machinery, packaging, paper and printing materials, petrochemicals and chemicals, and steel), Property and construction (construction materials, construction services, property development, and property fund and REITs), Resources (energy and utilities, and mining), Services (commerce, health care services, media and publishing, professional services, tourism and leisure, and transportation and logistics), Technology (electronic components, and information and communication technology), This page was last edited on 20 September 2020, at 00:02. Prices may be adjusted during the negotiation; hence, the effective executed price may not be the same as that advertised and may not follow the price spread rules. Market supervision: SET Group supervises trading activities of all investors and brokerage houses to ensure that the market is reliable, transparent and efficient. The modern era of the Thai capital market can be divided into two phases, starting from the privately-owned Bangkok Stock Exchange (BSE) to SET. Search online for videos and you can see how good the business is with throngs of customers awaiting...Too bad, I am a vegetarian else I would love to try it some time.... View neutral to negative. Once reaching its trough at around 1100, SET will begin to recover, imitating the stair pattern over time towards its new high. SET is aimed to make the capital market as a driving force for the Thai economic growth and to be beneficial to all stakeholders. SET Group operates a derivatives market through Thailand Futures Exchange (TFEX) and supervises trading activities of investors and all derivatives market members. • Derivatives market Annual turnover was a mere THB 160 million in 1968 and THB 114 million in 1969. Then in May 1974, long-awaited legislation for the incorporation of SET was enacted to provide securities trading in order to promote savings and mobilize domestic capital. Overall Future Pattern of Thailand Stock Market Index (SET) SET, 1D. • Securities market SET CONNECT offers greater capacity and superior transaction speed, and provides the uses of industry standard interfaces, making it easier to accommodate linkage with other marketplaces to attract further liquidity. Moving Average Convergence Divergence (MACD), SET's next Big resistance .... or will it turn into a support :), Overall Future Pattern of Thailand Stock Market Index (SET), Will the SET saga make a decision, in the coming week, to where, SET is still make everyone like on a Dance floor (Hard Sideway), SET Monthly Chart (big correction is in play). SET is also ASEAN’s most active bourse with the average daily trading turnover of USD 2.16 billion as of June 2020. As we’re... SET is still in a very hard sideway and ready for the explosive Up or Down trend. 2535 (1992). 2. Historically, the Thailand Stock Market (SET50) reached an all time high of 1223.67 in February of 2018. The group also offers the clearing and settlement services for over-the-counter (OTC) bond trading. SET Chatbot Click Should you have any other inquiries,please contact our SET Contact Center Office Hours: 08:00 – 18:00 BKK Time SET LiveChat Click As SET has been unable to go past north of the falling channel resistance. The idea is to waiting for the breakout of either way and if the retrace isn't getting back to the old sideway range. Results Chart, Thailand Lottery Results 1st September 2019, Play the Indian Lottery. In short term, SET can fall further but not below the 1290 - 1300 area. [2] Hope all has been able to cut your Long trades, while still with profit! Trading volume continued to drop sharply to THB 46 million in 1970, and then fell further to THB 28 million in 1971. As defined in the Securities and Exchange Act of 1992, the SET's primary roles are: 1. A guide to what will happen to Thailand SET Index. In 1969, as recommended by the World Bank, the government appointed Professor Sidney M. Robbins from Columbia University to study the development of the Thai capital market. Industry group indices and sectoral indices, Stock Exchange of Thailand Annual Report 2019, page 27, Learn how and when to remove this template message, "The Stock Exchange of Thailand - Supervision of Market - Trading system and procedure", Bangkok Expressway and Metro Public Company Limited, Largest stock exchanges by market capitalization, Indonesia Commodity and Derivatives Exchange, https://en.wikipedia.org/w/index.php?title=Stock_Exchange_of_Thailand&oldid=979297798, Financial services companies established in 1975, Articles lacking reliable references from September 2020, Articles with unsourced statements from September 2020, Creative Commons Attribution-ShareAlike License. Be ready for more on the downside. Subsequently, the Second National Economic and Social Development Plan (1967–1971) initiated an establishment of Thailand’s first securities market to play the vital role of mobilizing capital to support the nation’s economic and industrial development. By 1975 the basic legislative framework was in place and on April 30, 1975, the Securities Exchange of Thailand officially started trading. We can now see the full force of the bearish engulfing, the 22nd of July, I hope everyone with active SET trades has protected them, with a stop-loss, or taken out profits since then. I am still waiting for a long-term signal to open up any Long trades. The Bangkok Stock Exchange. 2517 (1974), while operating under the legal framework laid down in the Securities and Exchange Act, B.E. Closing session: The close auction starts at 16:30 and ends at a random time between 16:35 and 16.40. As SET shows the bears has taken over at lower and lower prices, even though it took a bit longer than I anticipated SET turned by the falling resistance. [3]. The first Thai stock exchange was established in July 1962 in the form of a limited partnership. In terms of the matching process, there are two methods: continuous order matching and call market method. In 1972, the Thai government took a further step in creating a capital market by amending the "Announcement of the Executive Council No. Listen to what the owner said - we keep tasting and there is no recipe. BRUN IN HELLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL. Moreover, SET Group operates payment system infrastructure called FinNet, which centralizes payment process and sets connecting standards between intermediaries in the capital market and commercial banks. SET Group acts as a registrar for equity products and maintain the registrar book that contains accurate and complete shareholder information including their benefits, and connect registrar services with a direct linkage to the Securities Depository Center. Then, within each price group, orders are arranged according to time. Here is my monthly chart prediction on SET. Effective from March 18, 2020, SET temporarily revises its ceiling & floor limits to +/- 15% from +/- 30% of the previous closing price for stocks, investment units, warrant, DW, ETF, transferable subscription right and DR; and +/-30% from +/-60% for foreign shares traded on SET and Market for Alternative Investment (mai) to stabilize stock market amid the global wild swings over the Covid-19 pandemic. The ASSET continuously matches the first buy and sell orders in the queue, and at the same time, confirms each executed transaction via the member (broker's) terminal. SET provides end-to-end exchange services as follows: This means orders are first grouped according to price, with the best price taking precedence. The group also provides market data services that develop and disseminate stock indices, trading market data and listed companies’ information for data vendors and investors, and the FundConnext – a centralized mutual fund platform to connect among asset management companies and selling agents. In this trading system, two principal methods of trading are available: Automatic Order Matching (AOM) and Put-Through transactions (PT). SET is ASEAN’s second largest stock exchange by market capitalization at US$473,000,000,000 as of June 2020,[citation needed] but it is crowned as the biggest IPO market in the region with accumulated fund amounting to USD 17.8 billion raised during 2015 to June 2020. Apart from the temporary adoption of the ceiling & floor price limits, SET has permanently tweaked circuit breaker criteria to three from two trigger levels. To undertake any other business approved by the SEC. informalLion79190. If SET doesn't manage to keep from going through the long-term support and resistance, with... SET daily chart still in correction mode. The modern era of the Thai capital market can be divided into two phases, starting from the privately-owned Bangkok Stock Exchange (BSE) to SET. This was followed by revisions to the Revenue Code at the end of the year, allowing the investment of savings in the capital market. So what is interesting now, is if we get the “buy the dip” opportunity I was looking for in my last published analysis. Will the Covid Panic Island powers be too strong and force the price index lower or have the market collected strength from half a year of knowledge? Pre-opening session II: This is the afternoon auction which starts at 14:00 and ends at a random time between 14:25 and 14:30 when the afternoon open price is determined. Call market matching is used in calculating the opening and closing prices of a security at the opening and closing of trading. Professor Robbins had previously served as Chief Economist at the United States Securities and Exchange Commission. SET will rise to the 1400 area before falling over time to 1100 area. SET has 8 industry groups and 28 sectors. If the slow shielded animal (more explanation about the phrase later) won’t give protection to SET I can still see nice turning points. SET Group offers both front and back office services including front-offer service bureau system, internet trading system, and back-office service bureau system. The objectives are integrated into SET’s vision “To Make the Capital Market ‘Work’ for Everyone”. And all of this went down, and changed power around the support resistance, I have been mentioning for so long, 1315. Wait and See before the next impulse move. Although BSE provided a good venue for trading shares, it garnered limited attention.
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