News Detail

Date/Time
17 Mar 2020 18:22:00
Headline
SET News : Thai stock exchange revises ceiling & floor and circuit breaker rules as volatility surges
Symbol
SET
Source
SET
Full Detailed News
Download Full Detailed News
                                                                              SET News 18/2020
                                                              March 17, 2020

Thai stock exchange revises ceiling & floor and circuit breaker rules as 
volatility surges

BANGKOK, March 17, 2020 - The Stock Exchange of Thailand (SET) announces that in
light of the COVID-19 pandemic and global economic worries that have caused
stock market meltdown worldwide, SET has launched the first measure by
tightening short selling to trade only the price higher than the last trading
price (uptick) effective since the afternoon trading session of March 13, 2020.

Given continued volatility, SET announces further tightening of trading measures
by adjusting ceiling and floor criteria and circuit breaker (temporarily halt
in trading) rule, effective from March 18, 2020 and would last no longer than
June 30, 2020.

-    Revised Ceiling & Floor for SET, mai and TFEX

SET mai:
Stocks / investment units / warrant / DW / ETF / TSR / DR,     Current +/- 30%,  
New +/- 15%     
Foreign share, Current +/- 60% New +/- 30%

TFEX:
Index Futures / Options / Sector Futures / Single Stock Futures,  Current     +/- 
30% New +/- 15%

-    Revised Circuit Breaker
Current    
Level 1    Trigger Value -10%      Halt Action 30 mins    
Level 2    Trigger Value -20%    Halt Action 60 mins    

New
Level 1    Trigger Value  -8%  Halt Action    30 mins
Level 2    Trigger Value  -15% Halt Action 30 mins
Level 3    Trigger Value -20% Halt Action    60 mins
Note: after the third level, SET will continue trading until the market closes 
that session

SET has closely monitored and supervised the trading measures and will further 
adjust the criteria as necessary aiming to help stabilize the market and build
investment confidence continuously.

                                   "SET...Make it Work for Everyone"
______________________________________________________________________