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Short sales boom as SET restores old regulation
FRIDAY, OCTOBER 02, 2020
Short sales shot up 251 per cent on Thursday after the Stock Exchange of Thailand (SET) implemented the old short sales regulation, or the zero-plus-tick rule.
Experts warn of short-selling tsunami as SET uptick rule expires
WEDNESDAY, SEPTEMBER 30, 2020
The value of short sales is expected to hit Bt1 billion daily after the Stock Exchange of Thailand (SET)'s uptick rule expires on Thursday (October 1). Stocks in businesses related to tourism and consumption will be vulnerable to short-selling due to their high valuation and weak profit forecasts.
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