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Bangkok Post
Bangkok Post
Business

FORGOTTEN HISTORY: Set upbeat despite plunge in trading value | History Defined

An investor monitors a screen of red at Asia Plus Securities headquarters on Sathon Road in Bangkok. (File photo)

Scandals related to Stark Corporation and other negative factors caused the trading value of the Stock Exchange of Thailand (SET) to plummet by 33% year-on-year in June to 47.9 billion baht, but the bourse remains optimistic that investor confidence will improve in the second half.

Soraphol Tulayasathien, senior executive vice-president of the SET, said a spate of factors lowered investor confidence this year, including bond defaults by listed companies, such as Stark.

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